Hyundai Will Invest Nearly $1 Billion To Keep Motional Viable
Hyundai has invested another $1 billion in Motional, a robotaxi company that wants to be first to market with a successful business model.
Hyundai has invested another $1 billion in Motional, a robotaxi company that wants to be first to market with a successful business model.
In some recent press releases, Hyundai showed off a robotaxi version of the Ioniq 5 and bragged about an award the vehicle won. The Ioniq 5 Robotaxi At the beginning of this month, Hyundai Motor Company unveiled a promotional video for their upcoming IONIQ 5 robotaxi launch in partnership with … [continued]
Years after Uber founder and former CEO Travis Kalanick said Uber would buy all the robotaxis Tesla could make (it turns out the figure was zero), Uber has launched its first robotaxi for commercial use. Over in Las Vegas, Uber users can now virtually hail a full-on robotaxi. Uber’s New Robotaxi … [continued]
On any given day, Motional robotaxis may be seen on test drives in numerous cities in the United States, as well as Asia, including Boston, Pittsburgh, Las Vegas, Santa Monica, and Singapore. In addition to locations such as San Diego where Motional vehicles have driven on the road assessing system … [continued]
Hyundai Group says it will invest $7.4 billion to manufacture electric vehicles in the US.