Hyundai's autonomous car JV is now called Motional

#SouthKorea #AVs - A joint venture between the Hyundai Motor Group and Dublin's Aptiv has been named. It will be known as Motional.  The 50:50 joint venture, which was formed last year and is specializing in self-driving vehicles, was valued initially at $4 billion, with Hyundai Motor, Kia Motors and Hyundai Mobis investing a total of $1.6 billion in cash and $400 million in technology. (Korea Joongang Daily)


Want to receive more content like this in your inbox?