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Aptiv and Hyundai form $4B autonomous driving joint venture · Endata

◂ Announcements

Sep 24, 2019PARTNERSHIPBoston, Massachusetts, United States

Aptiv and Hyundai form $4B autonomous driving joint venture

Aptiv and Hyundai Motor Group announced a 50/50 joint venture valued at $4 billion to develop autonomous driving technology, with Aptiv contributing its technology and about 700 employees. The venture will be based in Boston and aims for a production-ready platform by 2022.

Value

$4.00B

Status

Announced

Productsautonomous driving technologydriverless systems

CompaniesAptiv partner Hyundai Motor Company partner

Sectors#Automotive Components #Automation and Robotics

“The joint venture will be based in Boston.”dailyleader.com

1 source
dailyleader.comAptiv partners to create $4 billion joint venture | Daily LeaderDaily LeaderSep 25, 2019

Summarized from public sources; check the original articles before acting on it.

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