General Motors (NYSE: GM) is running its self-driving car program like a start-up, it’ll spend about $600 million this year on the effort, and the first self-driving car GM brings to market will be a version of the electric Chevrolet Bolt EV.
That’s all according to GM’s chief financial officer, Chuck Stevens. In a presentation to Wall Street analysts on Thursday, Stevens shared some additional information on GM’s fast-moving effort to develop a fully self-driving vehicle.