Operator: Good afternoon, and welcome to the BlackBerry Fourth Quarter and Full Fiscal Year 2024 Results Conference Call. My name is MJ, and I ll be your conference moderator for today s call.
It was an absolutely wild week on the robotaxi front, and more specifically for GM's self-driving car subsidiary Cruise. The week started off with the California Department of Motor Vehicles suspending Cruise's driverless and deployment permits (with the California Public Utilities Commission following shortly after), effectively ending the company's robotaxi operations in San Francisco just months after receiving the last necessary permit to commercialize its operations. Two days later, Cruise decided to pause driverless operations in every market it had started to charge for its robotaxi service, including Austin, Houston and Phoenix.
The MIH Consortium made a small EV that looks like a Smart Fortwo and is powered by Gogoro swappable batteries. It’s on display at the Japan Mobility Show 2023.