GM Hitting Bumps on $5 Billion Road to Driverless Cars by 2019


It’s one of the biggest bets going in the world of cars.

Since May, General Motors Co. and its Cruise self-driving car unit have landed $5 billion in investment commitments from Japan’s SoftBank Group Corp. and Honda Motor Co. Ltd. to develop a robot taxi service that could safely navigate the city streets of San Francisco by the end of next year – putting it ahead Alphabet Inc.’s Waymo self-driving car unit, Uber and Lyft.
These expectations, in their current form, lead to speed cuts, according to interviews with eight current and former GM and Cruise employees and managers, and in discussions with nine autonomous vehicle technology experts familiar with Cruise. These sources say there are some unexpected technical difficulties, including the difficulty in determining whether Cruise vehicles are on the move. This means that GM’s non-driver vehicles are unlikely to start in 2019 on a major road.

Bek Nothing is planned, ği he said, referring to some GM sources, some mileage targets and other milestones that the company had not expected.

Cruise CEO Kyle Vogt told Reuters last month that the service will offer passengers “the main mode of transport” wherever they want to compete with Uber and Lyft. The use of driverless vehicles to transport fee-paying customers will allow Cruise to make a much faster profit than trying to sell to a few individual customers who are able to save investments in expensive technology and sell self-driving vehicles.

In addition, the operation of self-driving cars in a taxi service will allow Cruise and GM to adapt the service to the limitations of technology until software and sensors are ready to allow autonomous vehicles to go anywhere.

“We were on our way to hit it, V Vogt said, ve depending on where we are and where we are.

Nevertheless, some people who are close to the project accept the time and money needed to ride and run.
Olan We now know we’re not commercially available, Cruise said Michael Ronen, managing partner of SoftBank Investment Advisors. ”I think now the question is who will succeed and how fast it will be.“

Reuters found that driverless Cruise cars still struggled to determine if the objects on the road were moving, according to the current and three former Cruise employees who witnessed problems. As a result, a number of vehicles parked on a motorcycle or cycling while passing said they hesitate.

From time to time, the software failed to recognize pedestrians and mistakenly saw ghost bikes that caused the cars to braken irregularly, according to two cars. And Cruise does not yet have a data-sharing collaboration with the San Francisco Fire Department, which is a necessary step to train cars to respond to fire brigade sirens, according to a firefighter spokesman.

In addition, according to the fourth person who knows Cruise technology, Cruise’s open-source software robotics tools used to improve technology are delaying the delay of slow messages from the car’s sensors to the car’s brain, according to a fourth employee and nine others.

Cruise’s Vogt said the next generation of hardware, software and sensors in the pipeline could help solve these problems and improve performance.

Inin At the early stage of development, I am confident that we had assembled systems that did not meet the requirements we needed to start the system and were part of the testing and development process, Re he told Reuters.

Edi Security is our criterion for launch, so we’ll be able to solve the drivers (without drivers, until we’ll release the tools on the road), “he added.

The fact that GM is seen as a leader in autonomous vehicle technology is critical in the period when the shares of automobile manufacturers are falling by more than 20 percent during the year. The delivery of the capital that Japan’s SoftBank and Honda have promised depends on Cruise to achieve certain performance goals.

Cruise’s competitors are facing their own challenges, and some experts estimate that rival efforts are inevitable. For example, Uber had to revise the production timeline after a fatal collision with one of his self-driving SUVs. Even though the autonomous vehicle program is paused after the accident, a company official says Uber is moving forward with security measures to improve the overall functionality and safety of self-driving cars.

“Everybody in the industry is getting more and more nervous because they’ll spend billions of dollars, cay said Klaus Froehlich, a board member and research and development manager at BMW.
GM President Dan Ammann is demanding to develop an automatic tool that can move more safely in the city streets than the ve engineering problem of our generation şehir and to develop a project that will take years and billions of dollars to fully develop.

Gis Right now we’re in a race to the starting line, Re Reuters said in an interview.

In Getting to a particular parameter or a particular scenario is missing the basic point of the overall overall performance of the system,. Ammann said.

Cruise’s 2019 objective will continue only if the Cruise system meets the safety standards established by the car manufacturer and is shown to the regulators.

Cruise says he hasn’t started offering them to the public and that cars don’t work without a safety driver. According to the Department of California Motor Vehicles and Public Services Commission, the company has not yet applied for permission to allow passengers without a driver.

SoftBank, the withdrawal of technology, with Cruise, which is included in the $ 2.25 billion agreement. A provision says more than half of SoftBank’s investments will be made only when Cruise distributes their vehicles commercially in a driver-free manner, according to GM public disclosures.

. Speculative investment, yatırım said SoftBank’s Ronen. ”These are still unproven technologies.“

In the opening plans for a $ 2.8 billion investment in Cruise earlier this month, Honda’s chairman Seiji Kuraishi saw the potential on Cruise because of his contact with GM, and most of his investments will come after Cruise 2019 and over twelve. year.

Shortly after GM’s acquisition in 2016, Cruise’s leadership acknowledged that it faced a ten-year technical challenge, according to a former Cruise employee.

Vogt made a speech to his employees at the time and told them that they didn’t want to draw all the drawers or burn them, he told the source who was present for the conversation.

Cruise and GM, less than a year after Cruise’s GM acquisition, began to miss the first milestones they had assembled, including the first deadline, according to two former Cruise employees and a former GM employee.

San Francisco is an industry source familiar with the Department of Motor Vehicles and public records and other missed targets. For example, Cruise cars failed in 2017, when a person set a record of the least number of times to take control of a vehicle. The cruise also missed the target of saving one million miles per month by 2018.

The company said its mileage goal is based on a test footprint based on the time it involved a significant portion of the test in environments like suburban Phoenix. Since then, he has made intense efforts to be tested in San Francisco, where the total mileage is lower, but the company expects the u learning u rate to be higher due to the complexity of the environment.

Bir With 10 engineers, you can screw a group of sensors into a car and have a computer set up and wander around a block,. Vogt told Reuters. . It’s about 10,000 times harder than a commercial product, Ticari he said.

Legal warning !
The information, comments and suggestions there are not covered by investment advice. It is based on the author's personal opinions. These views may not fit your financial situation and risk and return preferences. For this reason, based solely on this information, investment decisions may not have the appropriate consequences for your expectation. Our Site is not responsible for any direct or indirect damages incurred by the investors as a result of the use of the information on the Site, deficiencies in the sources, damages incurred by profit, moral damages, or damage to third parties.