SEOUL, Oct. 28 (Korea Bizwire) — Motional, the Hyundai-Aptiv joint venture, said Thursday it has partnered with U.S. on-demand shuttle startup Via to launch a shared robotaxi service in the United States next year. The business partnership comes amid growing demand for driverless transportation options in response to COVID-19 concerns, Motional said in a statement. [...]
SEOUL, Aug. 12 (Korea Bizwire) — Hyundai Motor Co., South Korea’s biggest carmaker by sales, said Wednesday it has given the name Motional to its US$4 billion joint venture with Ireland-based self-driving technology startup Aptiv. In March, Hyundai set up the 50:50 joint company with Aptiv, to be headquartered in Boston, in order to test [...]
SEOUL, Sept. 23 (Korea Bizwire) — Hyundai Motor Group said Monday it will set up a US$4 billion joint venture (JV) with Ireland-based autonomous vehicle startup Aptiv next year to develop a self-driving platform. Faced with the spread of protectionism and tougher competition with rivals, the South Korean carmaker has been aggressive in investing in [...]