Motional, the autonomous vehicle startup borne out of a $4 billion joint venture between Hyundai and automotive supplier ...
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 ...
Auto parts supplier Aptiv Plc on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor. Under the agreement, ...
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.
Auto parts supplier Aptiv on Thursday cut its annual sales forecast and said it would reduce equity interest in its self-driving joint venture, Motional, with Hyundai Motor.Shares of Aptiv jumped ...
Motional uses Hyundai's IONIQ5 electric car for its robotaxi service, which it offers in Las Vegas through Uber and Lyft. Aptiv's move follows that of Ford Motor, Volkswagen and General Motors as ...
A self-driving vehicle company actively testing on public roads in Pittsburgh is undergoing companywide layoffs amid a strategic restructuring.
Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while ...
Hyundai has agreed to invest almost one billion dollars in Motional, an all-electric robotaxi company. This investment will ...