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Tuesday, November 14, 2017

General Motors targets autonomous future vehicles

The General Motors (GM) is targeting to launch the autonomous future vehicles, come Monday, November 30, 2017, in San Francisco, reports NaijaAgroNet.

The Chief Executive Officer (CEO) General Motors, Mary Barra made this disclosure while reviewing the automaker’s third-quarter earnings.

Although she did not provide details, according to agency reports, quoted Barra as saying GM would launch a mix of at least 20 new all-electric and hydrogen fuel cell vehicles globally by 2023, including two in the next 18 months.

“We are committed to an all-electric future,” Barra said during the third-quarter conference call, stressing that GM is “confident” it can make the vehicles profitable.

According to the reports, GM shares have surged about 30 per cent this year to record highs since the company began trading shares at $33 a share in November 2010.

Isaac Oyimah/GEE
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