Hyundai’s autonomous vehicle joint venture with Aptiv has a new name: Motional. The company, which plans to test fully driverless vehicles for ride-hailing services later this year, said the new name is meant to evoke the “motion” of transportation as well as the “emotion” of the decision to get somewhere safely.
The joint venture was first announced in March 2020, when Hyundai said it would spend $1.6 billion to catch up to its rivals in the autonomous vehicle space. Aptiv, a self-driving technology company that is an offshoot of global auto parts supplier Delphi, owns 50 percent of the venture.
Karl Iagnemma, the former CEO of self-driving startup NuTonomy that was acquired by Delphi in 2017, is now president and CEO of Motional. In...
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Hyundai’s autonomous vehicle project with Aptiv will now be called Motional
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August 11, 2020
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