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GM to Keep Next-Gen Tech In-House
General Motors Co.—citing a competitive advantage in its internally developed autonomous car, electric vehicle and ride-share services—rejects the notion that it could generate $30 billion by selling off those units.
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General Motors Co.—citing a competitive advantage in its internally developed autonomous car, electric vehicle and ride-share services—rejects the notion that it could generate $30 billion by selling off those units.
Retaining such capabilities under one roof enables GM to commercialize the technology faster than its rivals, President Dan Ammann tells Bloomberg Television. He asserts that the company’s core competencies include software engineering, manufacturing and vehicle engineering and integration.
Pointing to an increasing intersection of autonomous vehicles, electrification and shared mobility, Ammann says GM likely will one day operate its own self-driving car-sharing service. Such an enterprise eventually could be significantly more profitable than GM’s existing business, he tells Bloomberg.
The industry is still at the early stages of shared mobility. Says Ammann, “We still have 99.9% of the opportunity to come.”
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