Hyundai Motor Group is Investing $10 Billion in Advanced Mobility Technologies in the U.S. by 2025

South Korean automaker Hyundai Motor Group (HMG) is committing billions of dollars to become one of the world’s biggest suppliers of electric vehicles. Now the automaker announced a new plan to invest $10 billion in the U.S. by 2025 to accelerate what it calls “innovation and mobility electrification”.

Eric Walz2022-10-21 14:25 PT

Aptiv to Acquire Wind River for $4.3 Billion in its Push into the Automotive Software Space

​Automotive technology developer Aptiv announced its acquiring software company Wind River as part of its expansion in the automotive software space. The acquisition of Wind River will position Aptiv as a key player in the automotive software market, which is expected to grow rapidly over the next decade. Aptiv purchased Wind River from private equity firm TPG Capital, for $4.3 billion in cash.

Eric Walz2022-02-17 11:15 PT

Hyundai’s Self-Driving Arm Motional Releases the World’s Largest Open Data Set For Autonomous Vehicle Path Planning

​Autonomous driving joint venture Motional, which was formed by Hyundai Motor Group and Aptiv to develop autonomous driving technology for the automaker as well as ride-hailing company Lyft, announced the launch of the initial version of a new open dataset called “nuPlan”, which the company says is the world’s largest public dataset for autonomous vehicle prediction and planning.

Eric Walz2022-01-16 10:00 PT

Motional and Lyft Choose Las Vegas for 2023 Robotaxi Launch

The joint venture between Aptiv and Hyundai has announced plans to launch its first autonomous robotaxi service in Las Vegas in 2023.

Vineeth Joel Patel2021-12-20 16:00 PT

Hyundai and its Autonomous Driving Partner Motional Reveal the Next-Generation IONIQ 5 Robotaxi

South Korean automaker Hyundai Motor Group and its autonomous driving joint venture Motional unveiled the next-generation IONIQ 5-based robotaxi, which the two companies plan to deploy in a commercial ride-hailing service. The robotaxi is based on the new all-electric Hyundai IONIQ 5, which launched earlier this year. The vehicle was outfitted with technology that converted it into a SAE Level 4 autonomous vehicle that can safely operate without a driver.

FutureCar Staff 2021-10-07 14:00 PT

Lyft & Hyundai’s Joint Venture Motional to Launch a Fully Driverless Ride-Hailing Service in Major U.S. Cities

California ride hailing company Lyft is teaming up with Boston-based Motional on an autonomous ride-hailing service in major cities across the U.S., the companies announced on Wednesday. Motional’s self-driving vehicles will be integrated, operationalized and deployed on the Lyft network. The services will launch in 2023.

FutureCar Staff 2021-01-22 11:30 PT

Hyundai Motor Group and Aptiv Rename Their Autonomous Driving Joint Venture ‘Motional’

The joint venture between Hyundai Motor Co and self-driving technology developer Aptiv has a new name—”Motional.” The goal of Motional is to combine Hyundai’s expertise in design, engineering, and vehicle manufacturing with Aptiv’s autonomous driving expertise to commercialize a SAE Level 4 and 5 self-driving platform for robotaxi providers, fleet operators and automakers.

Eric Walz2020-09-18 09:00 PT