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GM’s Cruise accesses another USD 5 billion for pre-production development of Origin
On June 15, GM-backed Cruise LLC announced that it is accessing a USD 5 billion line of credit from GM Financial, so that it can efficiently finance the expansion of the autonomous Cruise Origin fleet as the company scales up over the next few years.
This new financing increases Cruise’s total capital reserve to ove....
This new financing increases Cruise’s total capital reserve to ove....
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