Autonomous Vehicles

CEO Mary Barra: GM soon will sell a million electrics a year

General Motors CEO Mary Barra
Photo: Drew Angerer/Getty Images

GM CEO Mary Barra is willing to bet her company's future on massive investments in electric and self-driving vehicles — even at the expense of its traditional gasoline-powered base, writes Bloomberg Businessweek.

The big picture: "Taking vast resources from businesses that make money and moving them toward businesses that (so far) lose mountains of it is obviously a large and risky bet," according to Bloomberg. However, the biggest challenge for GM will be to get the right timing as it goes full steam on electric vehicles.

Consumers to select sounds to accompany their quiet hybrid cars and EVs

Electric cars like the 2019 Nissan Leaf Plus are too quiet. Photo: Nissan

Federal auto safety officials may soon allow you to pick your car's ringtone.

Why it matters: Electric vehicles and hybrids are quiet, which means they can be dangerous to pedestrians, bicyclists and people with vision impairments. The National Highway Traffic Safety Administration requires carmakers to add alert sounds to their quiet models.