Despite the ongoing volatility in the stock market, some investors may still be keen on industries that could potentially redefine the future. Consequently, autonomous vehicle stocks would fit the bill. There is now an increasing emphasis on assisted driving capability as the automotive industry continues to evolve.
For instance, General Motors (NYSE: GM) Cruise announced that it has acquired the final permit required for its robo taxi services in San Francisco. This is the first-ever Driverless Deployment Permit granted by the California Public Utilities Commission. In fact, the company will be the first to operate a commercial, driverless ride-hail service in a major U.S. city.
Well, it appears that autonomous vehicles could well be a part of our lives sooner than we think. With that being said, here are some of the top AV stocks to watch in the stock market today.
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