The largest USA automaker's plan for a self-driving car-sharing service comes at a time when auto sales in its home market are slowing after a record seven-year streak of gains. Using their vast dealership networks, nationwide influence and manufacturing prowess, a GM-driven ride-hailing service may be positioned to leapfrog the Silicon Valley startups that have been trying to disrupt the auto industry.
Vogt said those issues would improve over time and that the victor of the self-driving vehicle race would be the one that first launches at "massive scale" rather than just being the first to market a model. "We're very happy with how the technology is progressing and given that we feel we have the capability to move forward with one partner, many partners or no partners at all".
By 2019, GM plans to have a fleet of self-driving cars offering rides in cities where the ride-hailing business is big and getting larger.
GM's Cruise Automation unit is testing autonomous Chevrolet Bolt electric vehicles with human backup drivers in San Francisco, Detroit and Phoenix, and has plans to test in Manhattan next year.
GM said it is important to be first to get the self-driving electric vehicles on the road to allow quick improvement of driver experience to give the company a competitive advantage. "The faster we can do that the greater impact we can have on society". The vehicles are expected to be used as delivery vehicles, and to help transport people.
Google'sWaymo, German automaker Daimler and Ford are also developing self-driving cars that would be available for ride-sharing services.
Dan Ammann, President of General Motors (GM) told investors, the lifelong revenue generation from self-driving cars could reach up to the "several hundred thousands of dollars". GM CFO Chuck Stevens said autonomous ride sharing could be "potentially bigger than our current core business, with better margins".
GM hasn't yet said whether it will operate the service itself or pair up with the likes of Uber or Lyft, which it invested $500 million in previous year.
"The tech is real", he wrote, noting that GM's vehicles will be "monitored by humans at a control center" and the company will benefit from their aggressive timeline. And it's not quite clear yet whether the automaker will be first.
According to the neuroscientist , studying the brains of different species teaches an important lesson: "Diversity is enormous". The study's findings also challenge the prevailing view that domesticated animals have smaller brains than their wild cousins.
He said that with regard to Israel, the United Nations had become "a forum for invective in the form of anti-Semitism and hatred". The Holocaust proved that the Jewish people can not safely exist without this independence.
However, Telangana has been ranked fourth for cyber crimes though the number of cases has also shown a declining trend. The state stood ninth in the country with respect to the number of cases of atrocities against Scheduled Castes.
According to the NCAA's official report, the three-year probation period is from December 1, 2018, to November 30, 2020. Many fans say these sanctions could have short and long-term impacts on the Ole Miss football program.
Created by Joe Penhall and executive produced by Fincher and Charlize Theron , Mindhunter launched in October to critical acclaim. It is a chilling reenactment of the real Kemper's interviews, and sent chills down our spines while watching.
Qualcomm General Counsel Don Rosenberg said the timing of Qualcomm's lawsuits is coincidental to Apple's countersuit. The Apple law suit comes after Qualcomm sued it last July for using elements of its battery life patents .
Doctor mistakenly declares newborn dead in India
The police have now registered a case against the Max Hospital in Shalimar Bagh on the basis of a complaint filed by the family. Now, Parveen and several of his relatives sit outside Max Healthcare in Shalimar Bagh , demanding action against the hospital.
Jimbo Fisher to take Texas A&M job
Deondre Francois is not happy about how Jimbo Fisher left his coaching post at Florida State. Now that Fisher has made a decision to bolt, see how Twitter reacted to the news.
Supermoon 2017: How to see it in Chicago Sunday
In London, the dazzling full moon will begin to rise at around 4.21pm, before setting the next morning at 8.15am. The brightest moon in nearly 69 years is lighting up the sky in a treat for star watchers around the globe.
Feds want to seize Martin Shkreli's Wu-Tang album
Docket records show that Shkreli's attorney Benjamin Brafman has until December 18 to file a response to the government's request. A Brooklyn jury deliberated five days before finding Shkreli guilty on Friday on three of eight counts.
Authorities issue AMBER Alert for missing 3-year-old girl
The girl's biological father, Alex Woods, who does not live with the child or her mother, has questioned the kidnapping story. Authorities have not released any photos of Woods yet, or said who may have taken her and where they might be headed.
Xiaomi launches Redmi 5 and Redmi 5 Plus on December 7
On the camera front, the Xiaomi Redmi 5 to come with a 12 Megapixel or Primary Camera which would be located at the back side. The smartphone will be available for sale from December 7 exclusively on Flipkart and Mi Official website.