March 30, 2016 Tour Steve Carlisle

--Dr. Rafik Goubran, Dean, Faculty of Engineering and Design will introduce Carleton’s President, Dr. Roseann Runte and Dr. Runte will introduce you. --

• Good Morning and thank you Dr. Runte (RUNT-A) that kind introduction.

• It’s my pleasure to speak with you today about innovation in the auto sector and why I hope you might consider a career with GM . • This is not your parents’ auto industry anymore. • Today at GM we are all about developing cars that are connected, secure, safe, increasingly electric and even autonomous. • And we are exploring totally different ways of getting our customers from A to B safely, affordably and in ways that are good for the planet. • We had a really great visit here today, and it has been any eye opener for me. • At GM Canada we have an aggressive R&D agenda, so our purpose today was to learn and explore areas where we might work together with Carleton University. (Ad lib -- brief comment on the tour and meeting the Formula SAE team, the UAV lab) • What I saw today underscores that this University has significant strengths in key areas of innovation that fit with our future plans at GM Canada. • I want to thank Dean (Rafik) Goubran (GOO-BR-AN) and your outstanding and students for hosting us today.

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March 30, 2016 Carleton University Tour Steve Carlisle

• Now, I have to let you in on a little secret. One of the best parts of my job is getting to visit our Canadian Universities and meeting you, the students who represent our future.

• My University years were some of the best of my life, and I just get pumped and energized seeing the cutting-edge technology that you are going to help bring to life.

• My guess is, if you are like me, you want a career that allows you to learn new things; • work with smart people; • help solve important problems; • travel to new places; • and just look forward to getting up in the morning to go to work.

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March 30, 2016 Carleton University Tour Steve Carlisle

• GM is unique in Canada’s auto industry because of our special focus of core engineering, design and innovation. • For a century we have been assembling great cars, trucks, engines and transmissions in Oshawa, Ingersoll and St. Catharines. • It’s less well-known that we also have a highly skilled team of engineers and technicians at our Engineering Centre in Oshawa. • Today, they are working on projects ranging from active controls and megatronics to alternate fuel systems, secondary uses for electric car batteries and software systems for the connected cars of the future. • We also work with a wide ecosystem of supplier companies like Magna, AGS, QNX and universities who do research in areas that interest us. • But we have a challenge. • We have received an important new auto innovation mandate from our global organization, focused mainly in the area of connected car technology. • We are expanding and hiring 100 new software engineers just for starters. • We are on the lookout for new recruits with “the right stuff” to help us solve the challenges ahead of us. • And at GM we know that you don’t need to go to California to find the best talent in the world. • We believe it’s right here in this room. [Continued on next page…]

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March 30, 2016 Carleton University Tour Steve Carlisle

• So, I want to tell you a little bit about what we are up to. And if that catches your interest, we also have people from our Engineering Centre with us here today.

• Regan Dixion, who looks after recruitment for the GM Canada [Continued …] team is going to share some information with you after my remarks.

• So first, let’s talk about disruption and the speed of change in the auto sector today.

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March 30, 2016 Carleton University Tour Steve Carlisle

• Our CEO, Marry Barra, has said that at GM “Our goal is to disrupt ourselves, and own the customer relationship beyond the car.”

• So, GM will be a disruptor.

• But, what does that really mean?

• For us, in order to disrupt it’s critical to shift our perspective.

• Companies like Google and Apple thrive in disruption. Today, they are even exploring driverless cars.

• Tesla is developing electric vehicles.

• And of course, Uber is using smartphone technology to disrupt the way we get around.

• So if we at GM don’t lead in this new disruptive era…Someone else will.

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March 30, 2016 Carleton University Tour Steve Carlisle

• So what kind of change can we expect to see and how are we at GM going to lead?

• From my perspective, there are three major areas of rapid innovation and they ultimately will converge together in the next few years into what we call “The Future of Mobility”: • First, environmental technology and electric cars – • Our industry is spending hundreds of billions of dollars on environmental technology improvements to reduce emissions. • This includes improved engines, transmissions, hybrids and light-weight materials. • But, I think the most significant and lasting change here will prove to be the transition, over time, to electric vehicles and Fuel Cells. • Second, the rapid emergence of the “connected car,” and eventually, a shift to more autonomous or driverless vehicles. • This change is driven by connectivity amongst vehicle sensors and high speed mobile networks. • This is an area where we have been the leader for years through our OnStar system and advanced controls: both of which are very important for us here in Canada. • Third, and possibly most important, we are seeing a fundamental change in the way we think about using cars, especially in crowded cities. • We call this “urban mobility.” • Again, it’s an area where we need innovative and collaborative thinking. • Let me give you a few examples of how this is already rolling out.

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March 30, 2016 Carleton University Tour Steve Carlisle

• First, environmental technology, and more specifically, changes that reduce the use of carbon-based fuels and greenhouse gases.

• Electrification is one way to reduce our use of carbon-based fuels, whether that’s using fuel cells that emit only droplets of water, or more practically today, battery-driven electric vehicles, or EVs as they are often called. • GM is committed to leadership in electric car development. • And we are listening very carefully to our customers as we go. • Today we offer the Chevrolet Spark and Canada’s bestselling plug-in vehicle (for four years running) and the Chevrolet Volt.

• I am proud to note that for the second time, the Chevrolet Volt has received the Green Car of the Year award from Green Car Journal. • And just last week, the Chevrolet Volt was named the Automobile Journalists Association of Canada’s Green Car of

the Year.

• But, we are not stopping there. • During the Consumer Electronics Show in Las Vegas in January, Chevrolet introduced the 2017 Bolt EV, fulfilling its promise to offer a long-range, affordable electric vehicle. • The headlines really tell the story here. • The Bolt EV, which will go into production by the end of 2016, will offer more than 320 kilometres of range on a full charge. • It also features advanced connectivity technologies designed to enhance and personalize the driving experience. • It will be fun to go head to head with Tesla in this affordable, longer range battery class. [Continued on next page…]

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March 30, 2016 Carleton University Tour Steve Carlisle

• Now, consumer adoption of EVs is slowly taking hold.

• But, we are still not at the tipping point. [Continued…]

• The reason for that is pretty straightforward – consumers still have concerns.

• These include battery range and recharging times and the availability of charging stations at work or in their condo.

• These are challenges we can and will solve.

• And that is why we are continuing to invest in research that will result in improved battery life, longer range and affordable products.

• Battery technology is an area in which I believe Canada and its leading universities can and should take a focused and coordinated interest.

• That will be the true technological game changer for EVs in our future.

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March 30, 2016 Carleton University Tour Steve Carlisle

• The second big trend in auto innovation is the connected car and the move toward autonomous driving.

• Show of hands…How many of you could live without your smartphones? I don’t think many of us could.

• What smartphones have done to connect us in the past decade, the car will do in the future – and much more.

• The automobile is the next big platform for mobile wireless innovation.

• Automotive will be the key driver for the emerging Internet of things which includes: • Vehicle to vehicle connections, • Road to vehicle, • and, very connected drivers. • Let me share just a few examples how we are safely keeping drivers connected.

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March 30, 2016 Carleton University Tour Steve Carlisle

• Through GM’s OnStar system, we have enjoyed a head start in mobile connectivity to the car for almost 20 years.

• OnStar protects and supports our customers by linking to the mobile network and a live voice at the push of the blue button – how often does that happen at your mobile phone company?

• We have more than 500 patents in this area of connectivity to the car. • In fact, one-of- the- most exciting things we do at our Canadian Engineering Centre is develop these solutions. • The world of the smartphone and the car are quickly mashing together.

• Another example is our OnStar Remote Link app.

• From my smartphone, right now [show to audience], I can open my car doors, honk the horn and start the engine – and I

can do that from anywhere. • I can also get updates on my oil life remaining, tire pressure – and even send navigation instructions to my nav unit. • I already have programmed how to get to Oliver’s Pub & Patio. • So today our mobile world is happening both inside and outside of the car. • And now with the shift to 4G LTE connectivity, our vehicles also give our customers access in-car Wi-Fi in our new Chevrolet- Buick-GMC and Cadillacs [Continued on next page…]

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March 30, 2016 Carleton University Tour Steve Carlisle

• Today, GM has more than 1 million 4G LTE connected customers on the road in North America.

• By comparison, all our competitors combined have just [Continued…] 25,000!

• The connected car is also about making life simple and keeping customers safe. • You may have heard that our brands now offer compatibility

with Android Auto and Apple CarPlay in more models than any other automotive brand. • This is a smart, simple integration that brings your digital life into the car. • It’s safe, voice or steering wheel-activated, and it’s free. • So this will enable you to extend your smartphone apps into your vehicle and do things like: • Siri activated text-messaging • Access contacts and calendars, which appear on your infotainment screen • Access to your favourite apps like Spotify • Voice activated navigation • All these ways keep drivers connected with eyes on the road and hands on the wheel.

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March 30, 2016 Carleton University Tour Steve Carlisle

• And the next evolutionary step from the connected car is the car that drives itself – or what we call “autonomous driving.”

• The media and many others are fascinated by the driverless car.

• At GM, we are too.

• Research has projected that autonomous vehicles will be an $87 billion industry by 2030.

• Technologies such as lane keeping, adaptive cruise control and active braking, are all innovations that are with us today.

• The next step on the road to autonomous driving is what we are calling “Super Cruise.”

• This car features adaptive cruise control at any speed and uses cameras and sensors to automatically steer and break in highway driving. • Personally, I will always love the experience of driving.

[Continued on next page…]

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March 30, 2016 Carleton University Tour Steve Carlisle

• But the option to let your car do the driving for you, in bumper to bumper traffic on the 417, or in a straight line across the Prairies, hands-free, and safely, is very appealing.

[Continued…] • So, it is just around the corner and we need new talent, with backgrounds in computer science, software engineering and interest in mobile communications.

• The third big trend is “urban mobility.”

• Cities like with all the traffic and people congestion are very important laboratories for the future.

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March 30, 2016 Carleton University Tour Steve Carlisle

• What I see is the start of an important move toward an integrated, multi-modal mobility system of the future.

• This is where I see the trends coming together. Electric- shared vehicles.

• By shared I mean, not owning a vehicle like most do today.

• At GM, we recognize that car ownership can be expensive and inconvenient.

• I suspect that many of you here today have a very different notion of car ownership than your parents did.

• The reality is that most privately owned cars sit idle more than 90% of the time – that’s an expensive asset for a student.

(Ad lib - story of your sons and their different driving philosophies)

• So, maybe we need to change our thinking.

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March 30, 2016 Carleton University Tour Steve Carlisle

• GM is getting serious about car sharing. • In , GM has a pilot project running where we have a fleet of cars available to condo owners, 24/7 as part of their condo fees. • You reserve a vehicle -- when you need it -- with a smartphone app and you also have reserved parking options; • It’s part of our new business thinking today and a natural evolution of our emerging “sharing economy.” • Our first pilot car sharing program was actually with Google in California, and we have other pilot projects running in China and Germany, each testing different approaches. • We also recognize that students really benefit from car availability upon demand at student prices. • So closer to home, we are working with Autoshare to provide car sharing on five campuses in Toronto. • GM has invested $500 million in Lyft in the U.S. to help the company continue their rapid growth of its successful ridesharing service and to create an integrated network of on- demand automotive vehicles in the U.S. • We continue to redefine personal mobility with a new car- sharing service called Maven, which combines and expands the company’s multiple programs under one single brand. • And just last week we announced GM acquired Cruise Automation, which will add deep software talent and rapid development capability to further accelerate GM’s development for autonomous vehicle technology. • As you can see we are moving fast in this new and emerging industry. Pretty exciting stuff.

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March 30, 2016 Carleton University Tour Steve Carlisle

• Last fall I also announced that GM Canada will be providing $1 million in support to the University of Waterloo for two important projects that fit right into our focus on developing

connected car and greener vehicle technologies.

• One is a research chair in light-weight materials – which are essential to our work to improve fuel efficiency and reduce GHGs.

• And, in keeping with our Oshawa mandate for connected car software development, we will be the exclusive automotive partner of the Faculty of Engineering’s Capstone Design program that includes providing ten Capstone Design Prizes and mentorship opportunities.

• I was pleased to announce in December that our Engineering Centre has been awarded a mandate to play a leading role in the build of a fleet of autonomous driving vehicles.

• This fleet of self-driving Chevrolet Volt electric vehicles will first be deployed as part of a broader test program at the Technical Centre in Warren. [Continued on next page…]

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March 30, 2016 Carleton University Tour Steve Carlisle

• Through this program, employees will reserve a Volt using a car-sharing app, then select a destination.

[Continued…] • GM’s autonomous technology will bring the vehicle to its destination and park it.

• The program will combine our US and Canadian skills serving as a rapid-development laboratory to provide data and lessons to accelerate our technical capabilities in autonomous vehicles.

• And finally, just last month GM opened 2908 @ Communitech in Waterloo.

• Communitech is an innovation zone that is a great space to do real innovation without restraint and experience new talent.

• Things like exploring new ideas for urban mobility that combine public transit and ride-sharing.

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March 30, 2016 Carleton University Tour Steve Carlisle

• So, those three big trends – environment, connected cars and urban mobility are adding up to what we call the Future of Mobility.

• I can’t think of a more exciting time to be in the auto industry.

• We get to innovate and make a difference in ways that we couldn’t have imagined back when I was sitting in your chair as an engineering student almost 30 years ago.

• So if that is something that interests you, I really hope you will stick around and talk with Regan and her team.

• Thanks for listening. I’d be happy to take a few questions and hear what’s on your mind?

• Q and A

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