Motional

Future mobility Hyundai’s JV Motional delays robotaxi commercialization, cuts jobs

Self-driving technology developer Motional decided to delay robotaxi deployments with ride-hailing companies Uber Technologies Inc. and Lyft Inc. ag...

Future mobility Hyundai to invest $923 million on self-driving JV Motional

Hyundai Motor Group, the world’s third-largest automaker, is set to spend nearly $1 billion on Motional, its loss-making self-driving joint ve...

Future mobility Aptiv to cut stake in Motional, self-driving JV with Hyundai

Aptiv PLC, a US autonomous driving technology company, has decided to reduce a significant portion of its stake in Motional, a self-driving tec...

Automobiles Hyundai delays IONIQ 5 robotaxi service in US

Motional, the US-based self-driving joint venture of South Korea's Hyundai Motor Group and Aptiv, postponed its plans to launch a commercial robotax...

Business & Politics KOGAS, Vietnamese firms to jointly undertake major infra projects

South Korea's state-run Korea Gas Corp. (KOGAS) has announced a partnership with Vietnamese firms, kickstarting a major infrastructure project follo...

Shareholder activism Two global shareholder voting advisors oppose activist funds in S. Korea

Institutional Shareholder Services (ISS) and Glass Lewis, the world's two biggest advisory bodies for shareholder voting rights, have recommended op...

Tech, Media & Telecom KT launches open beta version of metaverse platform Genieverse

South Korea's KT Corp. announced on Monday the launch of an open beta version of its business-to-consumer (B2C) metaverse platform, "Genieverse."The...

Artificial intelligence Kakao Brain presents text-based AI motion generation model

On Tuesday, Kakao Brain, the AI unit of South Korea's Kakao Corp., announced the development of a new text-based motion generation model, called "FL...

Automobiles Ssangyong Motor takes part in Brussels Motor Show

Ssangyong Motor Co. said on Monday that it would participate in the 2023 European Motor Show Brussels and begin to move into the European market in ...

Automobiles Motional expects profit structure improved by 2025

Motional, the US-based self-driving joint venture of South Korea's Hyundai Motor Group, said it expects Motional's profit structure to improve by 20...

Automobiles Motional to begin robotaxi dispatch next year

US-based autonomous vehicle company Motional Inc. announced its plans for the commercialization of driverless cars based on the all-electric Hyundai...

Future mobility Hyundai’s Motional, Uber to launch self-driving food delivery service

Motional Inc., a US mobility joint venture between Hyundai Motor Co. and Aptiv PLC, has teamed up with Uber Technologies Inc. to provide an autonomo...

Future mobility Hyundai Motor, Motional unveil IONIQ 5 self-driving robotaxi

South Korea’s top automaker Hyundai Motor Co. and its US mobility joint venture Motional Inc. on Tuesday unveiled their first autonomous robot...

Future mobility Hyundai Motor chairman sees future in self-driving, robot businesses

Hyundai Motor Group Chairman Chung Euisun is in the United States seeking business opportunities in one of the South Korean automotive group’s...

Hyundai Motor Hyundai Motor and Aptiv christen autonomous driving JV 'Motional'

Hyundai Motor Group and Aptiv unveiled the name of its autonomous driving joint venture on August 12: Motional. The two companies entered into the joi...