Hyundai Motor is planning to create a synergy between robotics, autonomous vehicles, urban air mobility and smart factories to serve both the private and public sectors.
Hyundai Motor Chief
Hyundai Motor Group Chairman Chung Yusun visits an autonomous vehicle joint venture in the United States and tests a vehicle under development as the South Korean auto maker develops new business opportunities in future mobility solutions. Exploring opportunities.
Hyundai Motor said, Chung himself tested the Ionic 5 electric vehicle during his visit to Motion’s Boston head office and discussed ways to expand the partnership with his senior executives. The chairman made his first visit to Motional since the formation of a $400 million joint venture between Hyundai Motor and US mobility startup Aptiv in March 2020. Chung tested self-driving vehicles on the roads in Las Vegas in February, becoming one of the first companies in the world to achieve Level 4 autonomy.
A vehicle at Level 4 can drive itself under limited conditions and will not be driven if all the prerequisites are not met. At Level 5, the vehicle’s automatic driving features allow it to drive under any conditions. The automaker said Motional aims to launch a commercial robotic taxi service on select US routes by 2023 in partnership with ride-sharing platform Lyft, and Hyundai’s Ionic 5 is on the roads for testing.
Hyundai said Chung also visited American robotics startup Boston Dynamics to discuss new robotics technology trends with its executives. In December, the world’s fifth-largest automotive group acquired an 80 percent stake in Boston Dynamics, famous for its dog-like robot spots, for $110 million to leverage its robotics technology in other industrial sectors.
Hyundai Motor said it plans to create a synergy between robotics, autonomous vehicles, urban air mobility and smart factories to serve both the private and public sectors. Chung’s second visit to the US this year reflects his commitment to driving new growth drivers in key markets as the group looks to invest ₹8.1 trillion in the US by 2025 to expand its presence in the EVs and smart mobility solutions area. Plan announced.
(Input- IANS)
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