to pursue new projects
Cruise CEO Kyle Vogt has resigned from the GM-owned robotaxi unit to pursue new projects. He will remain as an advisor to the company, and GM’s president of global product development, Mark Reuss, will be taking over in the interim.
“Cruise has become a world leader in autonomous vehicle operations, technology and safety, and I am extremely proud of the progress we have achieved together,” Vogt said in a statement. “I am looking forward to this next chapter to work on projects that can bring self-driving technology to people around the world.”
Vogt has been with Cruise since 2013 and has been its CEO since 2017. Under his leadership, Cruise has grown to become a leading force in the development of self-driving technology and the operation of robotaxis. The company has made investments in several startups and has raised over $8 billion from investors including GM, SoftBank Group, Honda and T. Rowe Price.
GM has said that it is confident that Cruise is “well-positioned to accelerate the deployment of its self-driving technology at scale” and that it will appoint a new CEO shortly.