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Technology Stocks : Investing in Exponential Growth

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From: Paul H. Christiansen6/16/2017 12:01:50 PM
   of 1084
 
Tesla Who? General Motors Just Mass-Produced Self-Driving Cars

While others talk about self-driving cars, GM just built 130 of them in a regular car factory. Lots more are coming.

General Motors ( NYSE:GM) said it has built 130 Chevrolet Bolt electric vehicles equipped with what it's calling its "next-generation" self-driving system, and it has begun testing them on public roads.

In a milestone of sorts for the auto industry, these latest self-driving Bolts are the first autonomous vehicles ever to be built in a regular mass-production auto factory.

What GM said about its new self-driving test fleet GM said it had begun building this current batch of self-driving Bolts in January, at its Orion Assembly Plant in Orion Township, Mich. At an event at the Orion factory on June 13, CEO Mary Barra said the completion of this batch of self-driving Bolts brings GM nearer to full mass production of autonomous vehicles: "This production milestone brings us one step closer to making our vision of personal mobility a reality. Expansion of our real-world test fleet will help ensure that our self-driving vehicles meet the same strict standards for safety and quality that we build into all of our vehicles."

Kyle Vogt is the CEO of Cruise Automation, the GM subsidiary charged with developing its autonomous-vehicle technology. He said these new vehicles will be tested in tougher urban conditions: "To achieve what we want from self-driving cars, we must deploy them at scale. By developing the next-generation self-driving platform in San Francisco and manufacturing these cars in Michigan, we are creating the safest and most consistent conditions to bring our cars to the most challenging urban roads that we can find."

The 130 new autonomous Bolts will join GM's self-driving test fleet, which has more than 50 Bolts with the prior-generation system already deployed in San Francisco; Scottsdale, Ariz.; and in and around Detroit.

fool.com

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