Tidio Live Chat Software - Add Tidio live chat software to your website in minutes. Contact visitors and turn them into happy customers. Enhance their experience and boost your sales. Get it for Free

Must Read

Hyundai Motor Group Chairman Chung Euisun has visited an autonomous vehicle joint venture in the United States and tested a vehicle under development as the South Korean auto-making giant explores new business opportunities in future mobility solutions, the automaker said on Wednesday.

Chung tested a self-driving Ioniq 5 electric vehicle during his visit to Motional’s Boston headquarters and discussed ways to expand the partnership with its senior executives, Hyundai Motor said.

Also Read

The chairman made his first visit to Motional since Hyundai Motor and U.S. mobility startup Aptiv formed a $4 billion joint venture in March 2020.

Motional in February tested self-driving vehicles on public roads in Las Vegas, becoming one of the world’s first companies to achieve Level 4 autonomy.

Elegant Themes - The most popular WordPress theme in the world and the ultimate WordPress Page Builder. Get a 30-day money-back guarantee. Get it for Free

At Level 4, a vehicle can drive itself under limited conditions and will not operate if all required conditions are not satisfied. At Level 5, a vehicle’s automated driving features can drive under any conditions.

Motional aims to launch a commercial robotaxi service on select U.S. routes by 2023 in partnership with the ride-sharing platform Lyft, and Hyundai’s Ioniq 5 has been on roads for testing, the automaker said.

Chung also visited US robotics startup Boston Dynamics to discuss the latest robotics technology trends with its executives, Hyundai said.

In December, the world’s fifth-largest automotive group acquired an 80 percent stake in Boston Dynamics, which is famous for its dog-like robot Spot, for $1.1 billion to leverage its robotics technology in other industrial areas.

Hyundai Motor said it plans to create synergy between robotics, autonomous vehicles, urban air mobility and smart factories to provide various mobility services both in private and public sectors.

Chung’s second U.S. visit this year shows his commitment to foster new growth drivers in the key market as the group announced plans to invest 8.1 trillion won in the U.S. by 2025 to expand its presence in EVs and the smart mobility solutions area.

Save up to 60% on OptinMonster

Stay updated

Subscribe to our newsletter and never miss an update on the latest tech, gaming, startup, how to guide, deals and more.

- Advertisement -
- Advertisement -

Latest

Grow Your Business

Place your brand in front of tech-savvy audience. Partner with us to build brand awareness, increase website traffic, generate qualified leads, and grow your business.

- Advertisement -

Grow Your Business

Get these business solutions, tools and services to help your business grow.
Elementor

Elementor -Join 5,000,000+ Professionals Who Build Better Sites With Elementor. Build your website with 100% visual design that loads faster and speeds up the process of building them.

WP Rocket

WP Rocket - Speed up your website with the most powerful caching plugin in the world. The website speed increase means better SEO ranking, user experience, and conversation. It’s a fact that Google loves a fast site.

Kinsta

Kinsta - If you are looking for WordPress managed hosting, Kinsta is in the leading front. Kinsta provides WordPress hosting for a small or large business that helps take care of all your needs regarding your website with cutting-edge technology.

OptinMonster

OptinMonster - Instantly boost leads and grow revenue with the #1 most powerful conversion optimization toolkit in the world. 700,000+ websites are using OptinMonster to turn their traffic into leads, subscribers, and sales.

Related

- Advertisement -
- Advertisement -