General Motors is looking to expand its portfolio of autonomous vehicle technology , according to a senior executive at the firm . Mike Abelson said the firm is considering various business models for generating revenue from advances in self - driving cars , and suggested that ride - sharing services would lead to the development of new autonomous vehicles . GM is currently developing modified versions of its Chevrolet Bolt electric vehicle for its planned trials of autonomous vehicles next year , but in future the design could be adapted significantly . He also predicted that personally - owned self - driving cars could be affordable by 2023 - 25 .
General Motors is looking to expand its development of autonomous vehicle technology, according to a senior executive at the company. Mike Abelson said the firm is considering various business models for generating revenue from advances in self-driving cars, and suggested that ride-sharing services would lead to the development of new bespoke vehicles. GM is currently using modified versions of its Chevrolet Bolt electric vehicle for its planned trials of autonomous taxis next year, but in future the design could be adapted significantly. He also predicted that personally-owned self-driving cars could be affordable by 2023-25.