take a look at a short video to see how it works: Let’s That shows you just how beneficial this system is, and soon it will be available across the Cadillac lineup, and, eventually, beyond. a system that continues to improve, rapidly, and expand its It’s capabilities, and beyond excited about the next generation which, we’re of course, I say anything more can’t about… As I said, this is what the road to self-driving cars looks like, and we continue to make great progress on that front, as well. not the only ones who think so. We’re As we announced last week, the SoftBank Vision Fund will invest $2.25 billion in our autonomous vehicle business. invest another $1.1 billion ourselves, strengthening our plan to We’ll commercialize AV technology at scale as soon as next year. in GM Cruise represents a key validation of the SoftBank’s investment progress we are making in the AV technology space, another proof point of our ability, and our intention, to lead. AVs, built on a foundation of electric vehicles and advanced battery technology, will drive us toward our vision of zero crashes, zero emissions and zero congestion. Autonomous vehicles will change the automotive world, and they will change lives. The societal benefits include improved safety first and foremost, as well as increased mobility for those who currently cannot drive due to age, disability, or otherwise . . . and pure convenience. Our autonomous vehicles set a new standard of transportation safety, an intense focus during development, testing and validation. a look at that testing in action: Our Cruise AV development Here’s vehicle, on real roads in San Francisco. That, to me, is what the future looks like.
Let’s take a look at a short video to see how it works: That shows you just how beneficial this system is, and soon it will be available across the Cadillac lineup, and, eventually, beyond. It’s a system that continues to improve, rapidly, and expand its capabilities, and we’re beyond excited about the next generation which, of course, I can’t say anything more about… As I said, this is what the road to self-driving cars looks like, and we continue to make great progress on that front, as well. We’re not the only ones who think so. As we announced last week, the SoftBank Vision Fund will invest $2.25 billion in our autonomous vehicle business. We’ll invest another $1.1 billion ourselves, strengthening our plan to commercialize AV technology at scale as soon as next year. SoftBank’s investment in GM Cruise represents a key validation of the progress we are making in the AV technology space, another proof point of our ability, and our intention, to lead. AVs, built on a foundation of electric vehicles and advanced battery technology, will drive us toward our vision of zero crashes, zero emissions and zero congestion. Autonomous vehicles will change the automotive world, and they will change lives. The societal benefits include improved safety first and foremost, as well as increased mobility for those who currently cannot drive due to age, disability, or otherwise . . . and pure convenience. Our autonomous vehicles set a new standard of transportation safety, an intense focus during development, testing and validation. Here’s a look at that testing in action: Our Cruise AV development vehicle, on real roads in San Francisco. That, to me, is what the future looks like.
060618-MLR-transcript.docx