“It is unlikely we see something like a fully operational autonomous fleet shuttling folks around in the next five years,” Munster said.
GM responded to the self-driving Uber incident by saying its timeline remains unchanged, but it covered itself should delays occur.
“Our plans to commercially launch in dense urban environments in 2019 remain unchanged but, as we’ve said from the start, we will not launch until we are satisfied that it is safe to do so,” a GM statement read from this week.
Despite analysts’ predictions, such as Munster, he and others still believe GM will reap the benefits of developing the technology now. Another analyst, David Whiston, said despite any delays, investors should begin to see results before 2023.
“GM is well-positioned to compete in these new spaces via its own autonomous vehicle work, its Maven subsidiary, which does car-sharing and could move into autonomous ride-hailing, OnStar, and its approximate 9 percent ownership of Lyft,” he said.