Driving costs down with technological advancements
It might seem counterproductive, but Cruise says it has thrown a lot of money into the compute power of the Origin to get it to a place where it’ll be able to commercialize and scale profitably.
“Even though the technology carries a higher cost, we’re able to amortize that cost over a high-utilization fleet, high-mileage vehicle, and do that at a compelling cost point,” said Ammann. “The cost advantage of the Origin relative to a retrofitted vehicle, even including a Bolt AV, is about 60% to 70% lower cost per mile.”
That said, Cruise …
