COMMERCIALIZING SELF-DRIVING VEHICLES CONT. Concept vehicle shown. Not available for sale. Shared Mobility Through the Cruise Origin GM and Cruise continue to make progress on the Cruise Origin, a purpose-built, all-electric, fully autonomous vehicle—the result of collaborative efforts among GM, Honda and Cruise. The Cruise Origin represents several aspirations for the future of safe mobility: a vehicle that is shared, autonomous and electric. The Cruise Origin is designed to operate without a steering wheel, pedals or a driver. The vehicle will have more space for passengers and goods. GM and Cruise are working together to create economies of scale that lower costs and increase quality. In the process, this will help enable us to offer a more inclusive mobility option for people such as senior citizens, those with disabilities or those who do not currently have access to reliable transportation. We believe shared mobility offers significant potential to reduce urban congestion. The global population, particularly in cities, is growing rapidly. By 2030, the world is projected to have 41 megacities with 10 million inhabitants or more . Currently, ride-hailing represents only a small fraction of vehicle miles driven in the United States, and most privately owned vehicles spend most of their time unused. By encouraging passengers to ride together in shared cars and shuttles, ride-hailing can further increase efficiency and reduce congestion. Another potential benefit of the Cruise Origin is more affordable transportation. A fully autonomous vehicle eliminates certain expenses associated with traditional, conventional ride-hailing with a human driver. With a lower cost structure, an autonomous ride-hail and delivery service can charge less and be available for more communities. GM currently is manufacturing pre-production of Cruise Origin at GM’s Global Technical Center in Warren, Michigan, and is on track to begin production by the first quarter of 2023 at GM’s Factory ZERO in Detroit, Michigan. Skip Navigation Introduction Reducing Emissions Design for Environment Technology Customers Safety Diverse Workforce Human Rights Supply Chain Communities Governance 2021 SUSTAINABILITY REPORT 44