GM’s self-driving car unit Cruise to offer driverless rides in Phoenix, Austin this year By Financial Eye

© Financial Eye. A self-driving GM Bolt EV is seen during a media event where Cruise, GM’s autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage

SAN FRANCISCO (Financial Eye) – General Motors (NYSE:)’ self-driving technology unit Cruise aims to launch driverless ride service in Phoenix, Arizona, and Austin, Texas, in 90 days, Cruise Chief Executive Kyle Vogt said on Monday.

Speaking at a Goldman Sachs (NYSE:) conference, Vogt also said Cruise aims to hit a billion dollars in revenue by 2025.

Source: Investopedia