Motional, the joint venture between Hyundai Motor Group and Aptiv, is making a strategic shift to focus resources on the ...
Motional, the autonomous vehicle startup borne out of a $4 billion joint venture between Hyundai and automotive supplier ...
Motional has made material progress ... with ride-hail companies including Uber and Lyft to deploy AVs on their networks. And it has completed more than 100,000 autonomous rides in Las Vegas, NV and ...
Auto parts supplier Aptiv said last week it would sell its stake in Motional, its joint venture with Hyundai Motor, while the Korean automaker will fund the startup with additional USD 475 million.
A self-driving vehicle company actively testing on public roads in Pittsburgh is undergoing companywide layoffs amid a strategic restructuring.
The development comes ahead of electric carmaker Tesla's unveiling of its robotaxi, dubbed "Cybercab", on Aug. 8 and as legacy automakers limit spending on expensive autonomous driving technology in ...