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© Reuters. File photo: On March 16, 2021, the new General Motors logo can be seen on the exterior wall of General Motors headquarters in Detroit, Michigan, USA. REUTERS/Rebecca Cook
(Reuters)-General Motors (NYSE:) said on Tuesday that it will invest $71 million to build a new park in Pasadena, California, to expand its advanced technologies in flying cars and lunar rover Aspects of production capacity.
The park will be used for the operation of General Motors’ Advanced Design Center, which focuses on the development of concepts and future mobility projects outside the scope of the existing mass-production vehicle plans.
General Motors stated that the park will include an innovation laboratory and immersive technology capabilities, including augmented reality and virtual reality.
The automaker said that the new site is closer to the technology center on the west coast and creates recruitment opportunities due to its proximity to top universities and design schools.
General Motors launched a futuristic flying Cadillac in January-a self-driving car that can take off and land vertically and transport passengers over the streets.
Other recent innovations by the automaker include BrightDrop, its commercial truck business, and partnerships with Lockheed Martin (New York Stock Exchange:).
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