- Investing $14 Million in New Cruise Automation Development Facility
- Expanding Self-Driving Technology Research and Development
General Motors announced that it will invest $14 million in a new research and development facility for Cruise Automation in San Francisco. These investments will allow Cruise Automation to expand development of self-driving technologies.
“Self-driving technology holds enormous benefits to society in the form of increased safety and access to transportation. Running our autonomous vehicle program as a start-up is giving us the speed we need to continue to stay at the forefront of development of these technologies and the market applications.” said GM Chairman and CEO Mary Barra.
Cruise Automation and GM engineers are currently testing more than 50 Chevrolet Bolt EVs with self-driving technology on public roads in San Francisco, Scottsdale, Arizona and metro Detroit.
The new investment will include repurposing an existing facility in San Francisco that will more than double Cruise Automation’s research and development space. The Cruise Automation team plans to move into the new space by the end of the year.
“GM’s investment is further proof that California is leading the nation in the design, engineering and deployment of autonomous vehicles,” said Panorea Avdis, director of the California Governor’s Office of Business and Economic Development.
GM acquired Cruise Automation in March 2016 to strengthen the company’s software development capabilities and accelerate development of self-driving vehicle technology.