GM Cruise autonomous vehicles valued at $19 billion

In a boost to the autonomous car industry GM’s self-driving car division, Cruise, has announced raising a $1.15 billion investment. Its self-driving car subsidiary, GM Cruise LLC, has valued the company at $19 billion, or more than one-third the market capitalization of GM’s market value of roughly $54 billion.

https://dronebelow.com/2019/05/09/gm-cruise-autonomous-vehicles-valued-at-19-billion/