General Motors says 2023 car will allow mostly hands-free driving

accreditation
0:00
play article
Subscribers can listen to this article
Driverless cars
Driverless cars

General Motors plans to launch in 2023 a premium model that would enable hands-free operation in 95 percent of driving scenarios, the US auto giant announced Wednesday.

The technology, called "Ultra Cruise," is a centrepiece of a newly unveiled plan that the Detroit company says will enable it to double annual revenues by 2030.

"The vehicle has become a software platform," Chief Executive Mary Barra said at a briefing with reporters ahead of a two-day investor presentation.

Executives said the program would be available on premium vehicles for the 2023 season, which will be introduced in late 2022. They declined to say which vehicle or vehicles would have the function.

Barra said Ultra Cruise would operate effectively in "most" urban and rural scenarios, except for cases such as "very complex" intersections.

"Customers will be able to travel truly hands free with Ultra Cruise across nearly every road including city streets and subdivision streets and paved rural roads in addition to highways," GM said in a statement.

The program has 360-degree perception around the vehicle and employs cameras, radars and sensors to enable a vehicle to follow speed limits, automatically change lanes and avoid close objects.

GM announced the technology in tandem with a series of presentation on its strategy for building up its slate of electric vehicles and developing new businesses through its autonomous and digital investments.

"There are so many growth opportunities we have" said Barra, who also discussed "disrupting" the car insurance business and building up GM Defense, which sells vehicles to government agencies.

The presentation comes on the heels of several earlier announcements by GM of new electric vehicle models and investments.

Shares fell 0.4 percent to $54.15 in midday trading. GM shares have risen more than 75 percent over the last year.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For 14 free days, you can have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed. 
Subscribe to News24
Rand - Dollar
17.34
+0.7%
Rand - Pound
21.05
+1.1%
Rand - Euro
18.15
+0.9%
Rand - Aus dollar
11.60
+0.8%
Rand - Yen
0.13
+0.8%
Gold
1,771.82
+0.2%
Silver
22.19
-0.3%
Palladium
1,856.14
-1.1%
Platinum
991.00
-0.9%
Brent Crude
82.68
-3.5%
Top 40
68,420
-0.2%
All Share
74,557
-0.2%
Resource 10
73,980
-1.1%
Industrial 25
91,397
-0.1%
Financial 15
15,738
+0.9%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders