Cruise, General Motors’ self-driving robotaxi service, has been exponentially growing over the course of the 2023 calendar year. While some of this growth is the result of expansion into new cities, like Miami and Houston, the sheer number of Cruise AV units has also been increasing. Now, it appears as though the number is roughly in the 400 range.
During the Q2 2023 earnings report presentation, Cruise CEO Kyle Vogt claimed that “we recently hit 390 concurrent driverless AVs. We believe this is the largest and fastest-growing AV fleet in the world. Yet you will see several times this scale within the next six months. This is all on the Bolt platform, which we can scale to thousands of AVs, but we’re also about to transition to Origins, which are a game changer for cost and are incredible to ride in.”
This is an important trend for the autonomous driving subsidiary, as Cruise is increasingly become more economically viable for The General. In fact, although Cruise continues to drain the Detroit-based automaker’s coffers, the operating costs per mile for the AV units has fallen by an average 15 percent monthly over the first half of 2023.
This positive development comes on the heels of efficiency improvements that help to reduce overall costs, including optimizations, infrastructure, automation, and “process improvements”. To that point, Vogt points to Cruise’s ground-up approach, which allows the company to design the AV units for simplicity, longevity, and reliability, all of which help to cut costs.
“Cruise cracked three million miles just 49 days after hitting two million miles, and the next million is going to be even faster. We’re now doing over 10,000 rides per week, but more importantly, we’re growing rides at 49 percent per month on average over the last six months.”