Cruise, General Motors’ majority-owned autonomous vehicle subsidiary, is targeting a fleet of at least 1 million self-driving vehicles by 2030.
During a GM investor event Wednesday, Cruise CEO Dan Ammann unveiled a graphic of the division’s “exponential Cruise fleet ramp.”
“We expect to scale the business rapidly,” Ammann said during the presentation at the first of two days of investor meetings that concluded Thursday.
Ammann did not specifically discuss the 2030 target, but a Cruise spokesman confirmed “that’s where the company believes it can be.”
To meet the target, the company would need approval from federal and state officials, which are in the early days of regulating the testing and deployment of such vehicles.
