© Reuters. A self-driving GM Bolt EV is seen during a media event where Cruise, GM’s autonomous car unit, showed off its self-driving cars in San Francisco, California, U.S. November 28, 2017. REUTERS/Elijah Nouvelage
SAN FRANCISCO (Reuters) -General Motors’ self-driving technology unit Cruise aims to start offering driverless rides in Phoenix, Arizona, and Austin, Texas, in 90 days, Cruise Chief Executive Kyle Vogt said on Monday.
Speaking at a Goldman Sachs (NYSE:) conference, Vogt also said Cruise aims to hit $1 billion in revenue by 2025.
In June, Cruise started charging for self-driving car rides in San Francisco, using a small number of Chevrolet Bolt electric vehicles.
Vogt said its operations in Austin and Phoenix will initially be on a small-scale and “revenue-generating,” with a plan to scale up operations next year.
Cruise has obtained all the permits necessary for using the driverless cars for ride-hailing and delivery services in Phoenix, he said.
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