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GM Stock Jumps after Launching Public Road Testing of Its New Autonomous Driving Tech
General Motors GM +4.64% ▲ stock rose about 5% on Monday after the automaker announced it would begin supervised public road testing of its advanced automated driving system in California and Michigan this week. The system, trained on millions of real-world miles and stress-tested in simulation, is now moving from controlled development to active testing in live traffic.
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GM says more than 200 development vehicles will soon be driving on highways with trained safety drivers behind the wheel, ready to take over at any time.
Importantly, GM’s data collection fleet has already logged over one million miles across 34 states. That dataset now powers the new automated system entering supervised testing.
The move comes as GM disclosed plans to launch eyes-off driving, a self-driving system that does not require constant driver attention in its all-electric Cadillac ESCALADE IQ by 2028. The rollout is expected to begin on highways before expanding to driveway‑to‑driveway capability.
According to GM, real‑world testing is essential to building a safe, trustworthy system. Data collected during this new phase will help improve the AI model and overall system performance.
Is GM a Good Stock to Buy Now?
Overall, Wall Street has a Moderate Buy consensus rating on General Motors stock based on 14 Buy, four Hold, and one Sell recommendations. The average GM stock price target of $95.76 indicates 25.5% upside potential.
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