SoftBank to invest $2.25B in GM Cruise; GM to add $1.1B; driving large-scale AV deployment
Green Car Congress
MAY 31, 2018
billion in GM Cruise Holdings LLC (GM Cruise), further strengthening the company’s plans to commercialize autonomous vehicle (AV) technology at large scale. GM will also invest $1.1 billion in GM Cruise upon closing of the transaction. The investments value GM Cruise at $11.5 SoftBank Vision Fund will invest $2.25
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