GM Electrifies Strategy with New Digital Vehicle Platform

Yahoo Finance Video

Little red Corvette gets a tune-up as General Motors puts cutting-edge technology in the driver's seat. GM's all-new Digital Vehicle Platform will function as the electronic "nervous system" for its next-generation lineup, beginning with the Cadillac CT5 and Corvette C8 this Summer. That's according to President Mark Reuss, who spoke to Yahoo Finance Senior Columnist Rick Newman at the Wall Street Journal Future of Everything Festival in New York. Reuss says we'll see the technology across all new GM cars and trucks "within the next year or two." The platform will feature over-the-air (OTA) software updates; 4.5 terabytes of data processing per hour; ethernet connections of 100 Mbps, 1 Gbps and 10 Gbps; and a first-of-its-kind cybersecurity system. These changes come as industry headwinds weigh on vehicle sales and enterprise multiples. GM is now adapting its product portfolio to meet consumer demand in what CEO Mary Barra calls "a transportation revolution."

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