Hyundai Motor Group and Aptiv form $4B autonomous driving joint venture

Hyundai Motor Group signed an agreement for a $4 billion 50:50 joint venture with Aptiv Technologies Limited to develop and commercialize next-generation autonomous driving technologies.

“This Transaction was the largest M&A ever carried out by HMG, which had historically focused on organic growth rather than growth by active M&As.”kimchang.com

• 1 source
• kimchang.comJoint Venture Between Hyundai Motor Group and Aptiv Technologies Limited - Kim & ChangMar 26, 2020

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