Hyundai established Motional with Aptiv in the US in 2020 and launched its Ioniq 5-based robo-taxi service with Uber and Lyft ...
Around 550 employees across autonomous vehicle company Motional have been laid off, according to information taken from WARN ...
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.
Self-driving technology company Motional said on Tuesday it would focus on developing its core technology and delay commercial robotaxi deployments, while it lays off staff as part of its ...
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 ...
Under the agreement with Hyundai Motor Co., Aptiv will not be required to fund the joint venture in the future, while Hyundai ...
Hyundai has agreed to spend nearly $1 billion on Motional, an investment that will give the automaker a majority stake while ...
Motional uses Hyundai's IONIQ5 electric car for its robotaxi service, which it offers in Las Vegas through Uber (UBER.N) , ...