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Stockreport

GM is working on an eyes-off, hands-off driving system [TechCrunch]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: TechCrunch
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Now, it's looking to push that capability even further with a system that would allow drivers to keep their eyes off the road too, according to one of GM's top software executives. These hands-off, eyes-off systems — also known in the industry as Level 3 or L3 — are not self-driving cars like the ones Waymo operates (which are considered Level 4). Instead, they typically operate only on highways and at reduced speeds. And unlike a robotaxi, the driver is still required to take control if needed. Despite these constraints, a hands-off, eyes-off system would push GM beyond nearly every other automaker that offers an advanced driver assistance system. The majority of automakers today offer what is known as Level 2, a system that automates some of the driving, but still requires the driver to pay attention. Tesla's Autopilot — and even its FSD software system — is still considered a Level 2 system, along with GM's Super Cruise and Ford's Blue Cruise systems. Today, only Mercedes-Ben [Read more]

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Stockreport

GM is working on an eyes-off, hands-off driving system [TechCrunch]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Now, it's looking to push that capability even further with a system that would allow drivers to keep their eyes off the road too, according to one of GM's top software executives. These hands-off, eyes-off systems — also known in the industry as Level 3 or L3 — are not self-driving cars like the ones Waymo operates (which are considered Level 4). Instead, they typically operate only on highways and at reduced speeds. And unlike a robotaxi, the driver is still required to take control if needed. Despite these constraints, a hands-off, eyes-off system would push GM beyond nearly every other automaker that offers an advanced driver assistance system. The majority of automakers today offer what is known as Level 2, a system that automates some of the driving, but still requires the driver to pay attention. Tesla's Autopilot — and even its FSD software system — is still considered a Level 2 system, along with GM's Super Cruise and Ford's Blue Cruise systems. Today, only Mercedes-Ben [Read more]

IMPACT SNAPSHOT
EVENT TIME:
GOOG
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%
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Performance comparison Updated
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Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
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Low:
MAX DOWN
Low:
%
POST NEWS RANGE
%
PRICE CHANGE

PRICE CHANGE PERCENTAGE


S&P 500 (SPX)

%

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%

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TICKS

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EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
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