- General
- June 13, 2019
- 4 minutes read
Hyundai Takes Stake In Aurora
image: Hyundai Shortly after Aurora partnered with Fiat Chrysler to develop self-driving vehicles, Hyundai has announced it has invested an…
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| image: Hyundai |
Shortly after Aurora partnered with Fiat Chrysler to develop self-driving vehicles, Hyundai has announced it has invested an undisclosed sum in Aurora, cementing a strategic partnership — to work on self-driving technologies — formed between both parties in 2018. With this investment, Hyundai and Aurora have agreed to expand research to other vehicle models, with the latter now working to build a custom self-driving platform for Hyundai and — its subsidiary brand — Kia’s driverless vehicles.
Hyundai says its self-driving vehicles will “enhance their ability to monitor, react, and adapt to different surroundings” with the addition of “Driver”, Aurora’s self-driving stack. This stack is what Aurora earlier agreed to sell to Fiat Chrysler. Hyundai has made some waves in the driverless vehicle world, having successfully demonstrated self-driving tech in urban environments at the 2017 Consumer Electronics Show (CES). The company also debuted a fleet of driverless vehicles capable of Level 4 autonomous driving at the 2018 PyeongChang Winter Games.
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| A Hyundai self-driving vehicle
image: Hyundai
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Hyundai isn’t only dipping hands into driverless vehicles, but also electric cars. The automaker invested $90 million in Croatian electric vehicle manufacturer Rimac just last month.
