$52.26
GM Stock Factors
This week, GM stock value continued its impressive upward momentum after last week’s 16-percent increase, hitting a high of $56.97 on Thursday, a record for the “new GM,” before backtracking on Friday to close out at $55.40 per share.
Much of the upward momentum is attributed to the automaker’s latest all-electric vehicle efforts, debuts, and strategy, which includes an in-depth presentation released during the Consumer Electronics Show (CES) tech conference. Highlights from the presentation include the launch of BrightDrop, a new business venture aimed at providing last-mile electric delivery solutions, software, and services to delivery and logistics companies.
General Motors has inched slightly closer to fulfilling its quest to put the world in flying cars.
As part of the 2021 virtual Consumer Electronics Show on Tuesday, GM showed renderings and animation of what it dubbed its Cadillac Halo concepts: the Cadillac Personal Autonomous Vehicle, which is like a fancy self-driving taxi, and Cadillac Vertical Take-off and Landing (VTOL) vehicle, a sleek and futuristic drone-like flying car. The VTOL is GM’s first foray into air travel,” said Michael Simcoe, GM’s vice president of global design. Advances in electric vehicles and other technology are now making personal air travel possible, he said.
General Motors Showing Off Flying Car Concept
When I think of the possibility of flying cars, I think of the classic movie back in the 80s called Back to the Future. Do you remember the flying time machine called Delorean?
Even though that was all special effects, it was fun to watch on the big screen back in the 80s.
So here we are in 2021 and General Motors has inched slightly closer to fulfilling its quest to put the world in flying cars.
According to the Detroit Free Press, as part of the 2021 virtual Consumer Electronic Show, GM showed renderings and animation of what it dubbed its Cadillac Halo concepts.
General Motors’s flying Cadillac and electric shuttle are getting buzz at CES 2021
General Motors Co. may have put America on wheels with the Pontiac and the Chevrolet, but now it hopes to give it wings with a flying Cadillac. PUBLISHED BY
CES 2021 to present its vision for urban mobility. The automotive industry leader unveiled two futuristic flying Cadillac concepts, an autonomous vertical take-off and landing drone, and a family-friendly electric shuttle that carries passengers above streets and through the air.
“We are preparing for a world where advances in electrics and autonomous technology make personal air travel possible,” said