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 On January 4, 2016, in its first investment in a [[ridesharing company]], GM invested $500 million in [[Lyft]].<ref>{{cite journal |last=Kokalitcheva |first=Kia |url=http://fortune.com/2016/01/04/lyft-funding-gm/ |title=Lyft Raises $1 Billion, GM Joins As Investor And Driverless Car Partner |date=January 4, 2016 |journal=Fortune |archive-date=January 17, 2016 |archive-url=https://web.archive.org/web/20160117102214/http://fortune.com/2016/01/04/lyft-funding-gm/|url-status=live}}</ref><ref>{{cite magazine |last=Fitzpatrick |first=Alex | url=https://time.com/4166130/general-motors-lyft/ |title=Why General Motors Invested $500 Million in Lyft | magazine=Time |date=January 4, 2016 |archive-date=January 16, 2016|archive-url= https://web.archive.org/web/20160116071120/http://time.com/4166130/general-motors-lyft/ |url-status=live}}</ref> The company does not directly supply Lyft drivers with vehicles, however – and has no plans to do so in the future – and Lyft ultimately partnered with [[Motional]] for production of its autonomous vehicles.
-In March 2016, GM acquired [[Cruise (autonomous vehicle)|Cruise]], a [[San Francisco]] self-driving vehicle start-up, to develop self-driving cars that could be used in ride-sharing fleets.<ref>{{cite news | url=https://www.reuters.com/article/us-gm-cruiseautomation-idUSKCN0WD1ND | title=GM buys Cruise Automation to speed self-driving car strategy | first=Joseph | last=White | work=Reuters |date=March 11, 2016 | archive-date=March 13, 2016 |archive-url=https://web.archive.org/web/20160313032841/http://www.reuters.com/article/us-gm-cruiseautomation-idUSKCN0WD1ND |url-status=live}}</ref><ref>{{cite news | url=https://gadgets.ndtv.com/others/news/gm-buys-self-driving-technology-startup-cruise-812784 | title=GM Buys Self-Driving Technology Startup Cruise | website=NDTV |date=March 12, 2016 | archive-date=March 12, 2016 | archive-url=https://web.archive.org/web/20160312130144/http://gadgets.ndtv.com/others/news/gm-buys-self-driving-technology-startup-cruise-812784 |url-status=live}}</ref> In June 2022, Cruise received California's first Driverless Deployment Permit, allowing it to both charge fees for its service as well as offer fully autonomous rides in a major public city.<ref name=CNBC-202206>{{cite web |url=https://www.cnbc.com/2022/06/02/cruise-gets-green-light-for-commercial-robotaxis-in-san-francisco.html |date=June 2, 2022 |title=Cruise gets green light for commercial robotaxi service in San Francisco |access-date=June 3, 2022 |first=Lora |last=Kolodny |work=[[CNBC]]}}</ref> ''[[The Verge]]'' reported that the company lost $561 million in Q1 2023, but said it remains on the path to reach $1 billion in revenue by 2025 and $50 billion by 2030.<ref>{{Cite web |last=Hawkins |first=Andrew J. |date=April 25, 2023 |title=Cruise continues to burn GM's cash as robotaxis expand to daylight hours |url=https://www.theverge.com/2023/4/25/23697406/cruise-robotaxi-gm-daylight-sf-earnings |access-date=April 28, 2023 |website=The Verge |language=en-US}}</ref>
+In March 2016, GM acquired [[Cruise (autonomous vehicle)|Cruise]], a San Francisco self-driving vehicle start-up, to develop self-driving cars that could be used in ride-sharing fleets.<ref>{{cite news | url=https://www.reuters.com/article/us-gm-cruiseautomation-idUSKCN0WD1ND | title=GM buys Cruise Automation to speed self-driving car strategy | first=Joseph | last=White | work=Reuters |date=March 11, 2016 | archive-date=March 13, 2016 |archive-url=https://web.archive.org/web/20160313032841/http://www.reuters.com/article/us-gm-cruiseautomation-idUSKCN0WD1ND |url-status=live}}</ref><ref>{{cite news | url=https://gadgets.ndtv.com/others/news/gm-buys-self-driving-technology-startup-cruise-812784 | title=GM Buys Self-Driving Technology Startup Cruise | website=NDTV |date=March 12, 2016 | archive-date=March 12, 2016 | archive-url=https://web.archive.org/web/20160312130144/http://gadgets.ndtv.com/others/news/gm-buys-self-driving-technology-startup-cruise-812784 |url-status=live}}</ref> In June 2022, Cruise received California's first Driverless Deployment Permit, allowing it to both charge fees for its service as well as offer fully autonomous rides in a major public city.<ref name=CNBC-202206>{{cite web |url=https://www.cnbc.com/2022/06/02/cruise-gets-green-light-for-commercial-robotaxis-in-san-francisco.html |date=June 2, 2022 |title=Cruise gets green light for commercial robotaxi service in San Francisco |access-date=June 3, 2022 |first=Lora |last=Kolodny |work=[[CNBC]]}}</ref> ''[[The Verge]]'' reported that the company lost $561 million in Q1 2023, but said it remains on the path to reach $1 billion in revenue by 2025 and $50 billion by 2030.<ref>{{Cite web |last=Hawkins |first=Andrew J. |date=April 25, 2023 |title=Cruise continues to burn GM's cash as robotaxis expand to daylight hours |url=https://www.theverge.com/2023/4/25/23697406/cruise-robotaxi-gm-daylight-sf-earnings |access-date=April 28, 2023 |website=The Verge |language=en-US}}</ref>
 In October 2016, GM began production of the [[Chevrolet Bolt EV]], the first-ever mass market [[all-electric car]] with a range of more than {{convert|200|mi|km|round=5|abbr=out}}.<ref>{{cite news | url=http://www.sfgate.com/business/article/Tesla-Model-3-reservations-near-198-000-7223394.php |title=Tesla Model 3 reservations top 232,000 | first=David R. |last=Baker | newspaper=San Francisco Chronicle |date=April 1, 2016 | archive-date=September 5, 2016 |archive-url=https://web.archive.org/web/20160905214935/http://www.sfgate.com/business/article/Tesla-Model-3-reservations-near-198-000-7223394.php |url-status=live}}</ref><ref>{{cite news | url=https://www.latimes.com/business/autos/la-fi-hy-bolt-ev-range-20160912-snap-story.html | title=Chevy Bolt EV range is 238 miles: Prime time for the electric car? | first=Charles | last=Fleming | newspaper=Los Angeles Times | date=September 12, 2016 | url-access=limited | archive-date=September 13, 2016 | archive-url=https://web.archive.org/web/20160913152607/http://www.latimes.com/business/autos/la-fi-hy-bolt-ev-range-20160912-snap-story.html | url-status=live}}</ref> The battery pack and most drivetrain components were built by [[LG Corporation]] and assembled in GM's plant in [[Lake Orion, Michigan]].<ref>{{cite news | url=https://www.detroitnews.com/story/business/autos/general-motors/2016/07/27/chevrolet-bolt-ev/87615124/ | title=Chevy Bolt EV to ship to dealers in fourth quarter | first=Melissa | last=Burden | newspaper=The Detroit News | date=July 27, 2016 | archive-date=July 28, 2016 |archive-url= https://web.archive.org/web/20160728181944/http://www.detroitnews.com/story/business/autos/general-motors/2016/07/27/chevrolet-bolt-ev/87615124/ |url-status=live}}</ref> {{citation needed span |text=GM chose to employ the Bolt EV and similar Bolt EUV for its Cruise ride-share service. |date=September 2023}}