GM's self-driving car unit Cruise to offer driverless rides in Phoenix, Austin this year

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SAN FRANCISCO (Reuters) – General Motors (NYSE:GM)’ self-driving technology unit Cruise aims to launch driverless ride service in Phoenix, Arizona, and Austin, Texas, in 90 days, Cruise Chief Executive Kyle Vogt said on Monday.

Speaking at a Goldman Sachs (NYSE:GS) conference, Vogt also said Cruise aims to hit a billion dollars in revenue by 2025.