The company’s total projected expenditure for the next five years amounts to 40 billion euros
About 400 "early riders" are already taking part in the fledgling service
Carmakers and ride-hailing companies have sought to build self-driving cars
The announcement comes two days after rival Uber said its self-driving trucks will haul cargo on Arizona highways
It follows similar agreements with firms to develop autonomous-driving technology with BlackBerry’s QNX software
They join tech firms leveraging automated driving technology into new mobility services
Cruise Anywhere internal ride service uses GM software and currently is limited to San Francisco employees
First 30 customers to receive their cars on July 28
Company on track to begin production of the $35,000 Model 3 in July
Waymo and Avis will launch partnership in Phoenix, Arizona