Why General Motors Thinks The First Self-driving Company Will Win Big

newsfeedback@fool.com (John Rosevear), The Motley Fool
Thu, 12/07/2017 - 8:04pm

Will there be a significant "first-mover" advantage in self-driving cars? Will the first company (or group of companies) to bring the technology to market enjoy significant long-term advantages over rivals that lag?For a long time, I didn't think so, for reasons I'll explain in a moment. But General Motors (NYSE: GM) president Dan Ammann recently made an argument that has me thinking I'm wrong -- that the first (and maybe the second or third, but probably not the tenth) company to put lots of autonomous vehicles on the road will indeed have a big advantage over its rivals for years to come.GM's self-driving hardware, a modified Chevrolet Bolt EV, is ready for mass production.

Topics: general nyse gm dan ammann chevrolet bolt ev gm bolts motors self-driving company big put ready significant advantage road rivals

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Why General Motors Thinks The First Self-driving Company Will Win Big

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