General Motors to double down on self-driving cars by hiring 1,100
GM is increasing the numbers of people working on its self-driving car projects. Their research and development department in California is hiring 1,100 people.
The new employees will be working at the Cruise Automation unit, a tech start-up GM paid $581 million for in March 2016, according to CNN. The self-driving car company had grown to almost 150 engineers. It has more than 30 job offers already posted on its website.
Self-driving cars have entered an-already crowded market, where competition is fierce. All automakers and some major tech companies, such as Google and Intel are working on driverless technologies. That is why GM has kept Cruise Automation operating as a standalone unit, without moving it from California to Michigan.
“We have a start-up in San Francisco that is truly working as a start-up but has the resources of General Motors,” said General Motors CEO Barra at the World Mobility Leadership Forum last fall.
General Motors will spend $14 million on the new expanded R&D facility.
As part of the investment, the state of California is providing an $8 million tax credit to GM.