General Motors‘ Cruise is set to extend operations to Dubai, a media report said.
According to CNBC, the majority-owned autonomous vehicle subsidiary has signed an agreement with the Dubai Roads and Transport Authority to be the exclusive provider for self-driving taxis and ride-hailing services to the end of 2029, starting in 2023.
Financial details have not been disclosed.
CNBC said there was no date yet for when self-driving vehicles were expected to be available to the public in Dubai.
But Cruise expected to operate a fleet of up to 4,000 self-driving vehicles in the United Arab Emirates showcase city by 2030.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below formBy GlobalData
CNBC noted Cruise had been concentrating its self-driving vehicle testing in San Francisco and now had a registered testing fleet of over 200 vehicles. It has delayed offering a robotaxi fleet to the public in the California city from an initial plan for 2019.
The report said Cruise would establish a new Dubai-based company fully responsible for the deployment, operation and maintenance of the autonomous fleet.
Dubai wants to reduce transport costs and convert 25% of trips in the city to self-driving transport by 2030, CNBC said.
GM acquired Cruise, whose CEO is Dan Amman, in 2016. Other announced investors include Honda, SoftBank Vision Fund and Microsoft, CNBC noted.