GM buying Softbank’s stake in Cruise for $2.1B, putting in additional $1.35B

Green Car Congress
By mmillikinMar 19, 2022, 9:30 am508 ptsHot
General Motors is acquiring SoftBank Vision Fund 1’s equity ownership stake in autonomous vehicle company Cruise for $2.1 billion and separately will make an additional $1.35 billion investment in Cruise, replacing a previous commitment made by the fund in 2018. We are extremely pleased to announce GM is…

Read Article Share
Share Article
- email
- x.com
- facebook
- pocket
- reddit
- tumblr
- linkedin
- pinterest

Trending Today on EcoTopical

What to expect as world leaders gather for COP31

Grist

What to expect as world leaders gather for COP31 123

PHYSorg

'Burning': Life under the world's dirtiest skies 115

5 ways to prepare for El Nino’s extreme weather this winter

Grist

5 ways to prepare for El Nino’s extreme weather this winter 111

South Korea’s beloved squid may vanish from its waters due to climate change, heat waves

Mongabay

South Korea’s beloved squid may vanish from its waters due to climate change, heat waves 110

Net zero 'unstoppable' at COP31, clean energy chief says

EHN

Net zero 'unstoppable' at COP31, clean energy chief says 104

PHYSorg

COP31 opens with leaders under pressure to tackle climate crisis 101

Human-crow relations show strain as Kathmandu observes annual day of the crow

Mongabay

Human-crow relations show strain as Kathmandu observes annual day of the crow 97

What to expect from COP31 Antalya

EHN

What to expect from COP31 Antalya 96

About EcoTopical

Welcome to EcoTopical Your daily eco-friendly green news aggregator.

Leaf through planet Earths environmental headlines in one convenient place. Read, share and discover the latest on ecology, science and green living from the web's most popular sites.

Featured

A monstrous El Niño has arrived.…

A monstrous El Niño has arrived. Here’s what it means for where you live.

SBTi seeks more input on net-zero…

SBTi seeks more input on net-zero electricity rules

Tree-mendous defeat for greenwashing

Tree-mendous defeat for greenwashing

How Lenovo uses product carbon…

How Lenovo uses product carbon footprints to sell refurbished tech

Every compliance market lets carbon…

Every compliance market lets carbon credits do some of the work. Voluntary…

How to Fight a Freeway 101

How to Fight a Freeway 101

How a French Oil Executive Is Working…

How a French Oil Executive Is Working With the Trump Administration to…

Hidden climate superpower: Why some…

Hidden climate superpower: Why some ocean “snow” carries six times more carbon

Radiocarbon analysis uncovers possible traces of hidden earthquakes off Japan's…

Scientists discover stunning new Amazon…

Scientists discover stunning new Amazon fish that may already be endangered