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Aptiv and Hyundai Complete Motional Ownership Restructuring
7 months ago

Aptiv and Hyundai Complete Motional Ownership Restructuring

Aptiv PLC and Hyundai Motor Group complete ownership restructuring of Motional AD LLC, with Hyundai acquiring 11% equity and Aptiv exchanging 21% for preferred shares, aligning with the shifting landscape of autonomous vehicle technology.

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Businesswire

Hyundai Invests $475M in Self-Driving Firm Motional
7 months ago

Hyundai Invests $475M in Self-Driving Firm Motional

Hyundai's investment of $475 million in self-driving car company Motional enhances its position in the autonomous driving market. This marks a significant step towards launching a driverless robotaxi service.

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Telematics Wire

Aptiv to Cease Capital Support for Motional
10 months ago

Aptiv to Cease Capital Support for Motional

Aptiv plans to withdraw financial support from joint venture Motional, citing concerns over costs and market uncertainty in the autonomous vehicle sector.

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Telematics Wire