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Aptiv and Hyundai Complete Motional Ownership Restructuring

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.

AptivHyundaiMotional
Businesswire16 months ago
Aptiv and Hyundai Complete Motional Ownership Restructuring
Hyundai Invests $475M in Self-Driving Firm Motional

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.

AVsHyundaiInvestmentMotional
Telematics Wire16 months ago
Hyundai Invests $475M in Self-Driving Firm Motional
Aptiv to Cease Capital Support for Motional

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.

AptivAVsMotionalJVs
Telematics Wire1 year ago
Aptiv to Cease Capital Support for Motional
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