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GM's Cruise introduces its next-gen self-driving cars

Cruise

Cruise, the self-driving car startup that sold to General Motors last year, has reached a new milestone: it has a self-driving car model, based on its Bolt electric vehicle, that's now ready for the factory production line and ride-hailing passengers.

Why it matters: Cruise touts this new development as a giant step that puts it ahead of the competition. No one else, the company claims, has a "production design" self-driving car ready to roll off the factory line. This is also a reminder that unlike startups in the space, Cruise has the resources of a century-old automaker.