GM plans large scale launch

NATION-NOW     GM Driverless cars mean big savings for ride-hailing service users     
       GM Driverless cars mean big savings for ride-hailing

He told investors that the revenue generation of one self-driving auto could eventually hit "several hundred thousands of dollars", compared to the $30,000 that GM collects per non-autonomous vehicle, on average.

GM said at an investor presentation that based on its current rate of change, it expects "commercial launch at scale" of the autonomous vehicles in congested cities in 2019.

GM is trying to create self-driving cars that need minimal maintenance and upkeep, like aircraft that hold up well to constant use, Vogt says. The cars have a back up driver in case something goes wrong, but it is possible the back up drivers would be eliminated when the commercial launch happens in over a year. Waymo, formerly a Google company and now operated by Google parent Alphabet, also expects to offer fully autonomous driving by the start of the next decade, along with Uber and Tesla.

In an announcement yesterday, the firm said it believes government regulations will support development of self driving cars in the coming few years. GM said there still was much more hard engineering work to do.

Delphi, an automotive supplier, has said it expects commercial vehicles to be using its autonomous system in limited areas in 2019.

GM's self-driving unit, Cruise Automation, gave reporters rides on Tuesday, the first public roadtrips for non-employees in its cars which have been tested in San Francisco, Phoenix and Detroit. Delphi recently bought autonomous software startup NuTonomy and is also partnering with BMW AG, chipmaker Intel Corp. and camera and visual recognition software maker Mobileye.

Chiefs' Kelce with two quick, huge touchdowns
Meanwhile, New York kept its faint playoff hopes alive by snapping a two-game skid and holding on to a fourth-quarter lead. It's apparently a coach's decision and something that will surely come up in Todd Bowles' press conference after the game.

GM says operating its self-driving cars will cost 40 percent less per mile than other ride-hailing firms that have to pay drivers.

Abuelsamid said it makes business sense for mobility services like Uber and Lyft to shoulder the initial expenses of costly electric and autonomous vehicles.

GM is far from the only traditional automaker investing in autonomous technology and ride-hailing services.

The shift toward autonomous ride-hailing services is motivated in-part by the financial benefits of the plan, according to GM President Don Ammann.

As it refines the performance of its cars, GM has the capacity to rapidly build and deploy more self-driving vehicles to other markets around the world.

Related News:

  • Giancarlo Stanton prefers Giants over Cardinals

    Giancarlo Stanton prefers Giants over Cardinals

    The Giants and Cardinals each showed trade interest in Stanton, dating back to before the July 31 non-waiver Trade Deadline. However, there are also multiple reports that Stanton would accept a trade to the Giants if the Dodgers aren't an option.
    Explosive device defused in German city of Potsdam

    Explosive device defused in German city of Potsdam

    Security has been stepped up at all markets across Germany ahead of that anniversary, and the looming first Advent weekend. What was found in the suspicious package? Police also closed several roads adjacent to the area, German media report.
    Apple accuses Qualcomm of patent infringement in countersuit

    Apple accuses Qualcomm of patent infringement in countersuit

    Qualcomm already filed a series of similar claims against Apple back in July, again asking for payments and for a ban on iPhones. Two of those were related to Qualcomm's Snapdragon 800 and 820 processors, which powered Samsung phones and Google Pixel phones.
  • Eagles award WR Alshon Jeffery with big contract extension

    Eagles award WR Alshon Jeffery with big contract extension

    Jeffery's contract will have $27 million guaranteed and the deal can ultimately be worth $56 million with additional incentives. The 27-year-old receiver expressed his interest in staying in Philadelphia when talking to media members last week.
    Mourinho uses diplomacy when asked about Pep's Redmond antics

    Mourinho uses diplomacy when asked about Pep's Redmond antics

    Guardiola said: "I have played against millions of managers and the different ways they play". The Spaniard added: "I can not control myself".
    Regal deal is big picture for Cineworld

    Regal deal is big picture for Cineworld

    The expected future growth in earnings per share ("EPS") is an incredibly important factor in identifying an under-valued stock. Net profit and reported earnings per share have grown at an annual rate of 28% and 15.1% respectively for the past six years.
  • NASA uses 'Plan B' to reorient Voyager 1 in interstellar space

    Voyager 2's attitude control thrusters, however, are not as reduced in quality as those of Voyager 1. Aerojet Rocketdyne developed all of the Voyager's thrusters.
    Florida Teen Found in New York After Disappearing With Soccer Coach

    Florida Teen Found in New York After Disappearing With Soccer Coach

    Frisina and Rodriguez were spotted on cameras in Georgia on Sunday and then at a pawn shop in Fayetteville, North Carolina. The sheriff's office did not immediately provide details on the circumstances surrounding the girl being found.
    Tracking Cyclone Ockhi in Tamil Nadu and Kerala

    Tracking Cyclone Ockhi in Tamil Nadu and Kerala

    Singh had called up the chief minister and sought details on the damage caused by the the cyclone, an official release said. In Kerala, Ockhi has claimed four lives so far, 270 fishermen and 62 boats continue to be missing.
  • Syria: Israel Attacked Iranian Base outside Damascus

    Syria: Israel Attacked Iranian Base outside Damascus

    The message was recorded on Thursday, before the reported Israeli air strike on an Iranian base near al-Qiswa. Israel also shot down a reconnaissance drone it believed was operated by Syria.
    Everton Set to Appoint Sam Allardyce

    Everton Set to Appoint Sam Allardyce

    Current interim manager David Unsworth will resume his role as Everton's under-23 coach. Allardyce has been out of work since resigning as Crystal Palace managerin May.
    Death threats to Bhansali, Padukone unacceptable: Nana Patekar

    Death threats to Bhansali, Padukone unacceptable: Nana Patekar

    Taking exception to some portions of Sharma's petition, the court said it was "unwarranted and scurrilous". The ban by Bihar, ruled by a JD-U-BJP coalition, follows that by BJP ruled Madhya Pradesh and Rajasthan.

Most liked

Scott Frost Coming To Nebraska
Meanwhile, Frost excelled the last two years at UCF in his first head coaching job. 1993-1994 - played football at Stanford. The new Husker coach also played six seasons in the National Football League for four different teams.

This weekend: Supermoon. Coming soon: Blue moon
If you miss the first viewing, another good time to sneak a peek is when the supermoon reaches its peak at 4 a.m. on December 4. Even more so if it's a supermoon. "Don't be so focused on your sensor that you miss such an otherworldly sight", they said.

Argentina abandons rescue mission for crew of missing submarine
The navy said that the search and rescue mission had involved 28 ships, nine aircraft, 4,000 people and support from 18 countries. The search for 44 sailors on board a lost Argentine submarine has ended, leaving nearly no hope for their survival.

Germany's SPD's Schulz Says He Hasn't Given Green Light for Coalition
Contradicting a report by Bild newspaper, Schulz said the party leaders had not agreed to start talks on a new "grand coalition". He said Social Democrat (SPD) leaders would make a proposal on Monday on how to proceed.

NC State coach Dave Doeren turns down Tennessee
Doeren and Director of Athletics Debbie Yow have agreed to a new contract pending approval by the school's Board of Trustees. NC State coach Dave Doeren will remain at the school after discussing the Tennessee job on Wednesday, he confirmed to ESPN.

Deaths reported in Taliban attack on college in Pakistan
The area where the incident occurred is a hub for educational institutions in the city including the University of Peshawar . In a similar attack, Pakistani Taliban gunmen, in December 2014, had killed 134 children at Peshawar's Army Public School.

Tiger Woods briefly takes lead, in contention at Hero World Challenge
We've got two more days and I think it's supposed to blow a little harder tomorrow. "It felt great", said Woods. I got a chance to go out there and play competitive golf again.

Alarming: Uttar Pradesh, Delhi topped crime list in 2016, says NCRB
Lucknow, Patna and Jaipur were the only cities to record a higher number of atrocities against scheduled caste persons. Compared to the data from the Crime in India 2014 report , the increase is even higher - over 5 per cent.

Teen has 50 surgeries to look like Angelina Jolie
There have been many such incidents in the past when superfans underwent surgeries to look like their favourites celebrities. Unfortunately for Sahar, the trolls of the internet say that she looks more like a zombie than her fave actress.

Pittsburgh-shot 'Mindhunter' renewed for second season on Netflix
The psychological crime drama is executive produced by David Fincher and Charlize Theron , both of whom reportedly remain on board for Mindhunters' Season 2 renewal .

Malcolm Jenkins explains why he puts hold on protests
What we didn't have was a conversation with players in the coalition based on some of the responses that we got from the league.

Analysis of the 2017 Hurricane Season
Hurricane Nate made landfall along the Gulf Coast , causing damage to Biloxi and parts of Mobile, Alabama. Hurricane Maria made landfall in the Caribbean as a category five storm before annihilating Puerto Rico.

Inside tour: First lady decorates White House for Christmas
Since 1966, the National Christmas Tree Association has been holding a competition for the official White House Blue Room tree. Among the new touches this year: On the outside, wreaths topped with red bows adorn every White House window.

Google Datally Android app gives fine-grained mobile data control
The app also tells users when they're near to a public Wi-Fi spot, allowing them to logon and save on their monthly data package. Datally is obviously a major play at capturing those next billion users that many global internet giants are after.

HDMI 2.1 specs promise a retina-searing 10K Dynamic HDR future
Furthermore, Quick Frame Transport (QFT) reduces latency for smoother no-lag gaming, and real-time interactive virtual reality. In spite of a version number that suggests it's only a minor update, the spec represents a significant step up from HDMI 2.0.