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THE INVESTOR
August 04, 2020
Big Reunion

Automobiles

Hyundai invests in US autonomous auto startup Aurora

  • PUBLISHED :June 13, 2019 - 11:19
  • UPDATED :June 13, 2019 - 11:19
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Hyundai Motor Group said on June 13 it has invested in US self-driving car startup Aurora Innovation to enhance its autonomous vehicle technologies.

In the partnership, the South Korean auto group will jointly develop autonomous vehicle technologies in order to come up with an optimal self-driving platform for models produced by Hyundai Motor and affiliate Kia Motors, it said in a statement.


The company didn’t provide the value of the investment, however.

“Hyundai and Aurora plan to commercialize Level 4 driverless car technologies in smart cities by 2021, initially using Hyundai’s Nexo hydrogen fuel cell electric vehicle,” the statement said.

In a Level 4 car, there is no need for the driver to take control, as the vehicle is designed to perform all safety-critical driving functions and monitor road conditions, according to the US National Highway Traffic Safety Administration.

By Ram Garikipati and newswires (ram@heraldcorp.com)

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