Cruise Automation CEO Kyle Vogt said GM’s self-driving vehicle generations lapse at a lightning pace, and he wasn’t kidding. GM CEO Mary Barra recently commented on the automaker’s self-driving car business and said its fourth-generation self-driving car is coming very soon.
The third-generation car, based on the Chevrolet Bolt EV, includes many of the redundancies required to ensure safe operation without a driver behind the wheel. “We believe it will meet the redundancy and safety requirements necessary to operate without a driver. It is our third generation of AV technology in just 14 months,” Barra said, reported by Business Insider.
When questioned on the future of its self-driving car programs, Barra added, “we’re working on our fourth generation, that’s where our focus is right now.”
GM consistently says it will deploy self-driving cars sooner rather than later, and it’s a phrase investors quite like. GM stock prices rallied to new records recently on what appears to be a widening gap: GM’s self-driving car prowess versus the industry.