Hyundai is the primary backer of Motional, an autonomous vehicle startup that was created in 2019 through a $4 billion joint venture with supplier Aptiv. Motional still exists and insiders tell ...
Investment is expected to create more than 100,000 direct and indirect job opportunities by 2028, including 14,000 direct ...
She is the chief technology officer at Motional, the Boston-based joint venture of carmaker Hyundai and technology company Aptiv, which is developing autonomous cars for ride-hailing and delivery ...
Hyundai stepped up and agreed to invest another $1 billion into Motional, which included $448 million to buy 11% of Aptiv’s common equity interest. That capital came with consequences.