GM's Autonomous Vehicle Unit Gets $2.25 Billion Funding From SoftBank

GM Cruise Holdings was set up recently and its assets include Cruise Automation, which heads up GM's self-driving vehicle development and is based in San Francisco. The No. 1 U.S. automaker - which views electric and autonomous vehicles as the keystones of future transport - has focused on rolling out self-driving cars since its estimated $1 billion acquisition of startup Cruise Automation in early 2016.