South Korean corporation Hyundai Motor Group forms an Autonomous Driving Joint Venture with Aptiv a leading innovative vehicle technology providers.
Details are provided below:
- Autonomous driving platform will be available for robotaxi providers, fleet operators, and automotive manufacturers by 2022
- The JV will work in design, development and commercialization of SAE Level 4 and 5 autonomous technologies
- Hyundai Motor Group is a global involves in automobiles, steel, and construction and includes logistics, finance, IT and service.
- The new joint venture marks the start of a journey with Aptiv toward our common goal of commercializing autonomous driving, said Euisun Chung, Executive Vice Chairman, Hyundai Motor Group. The combined capabilities of Aptiv, a leading global technology company, and our Group, a global OEM, will create invaluable synergy to lead the autonomous driving landscape.