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Hyundai, Avride join hands to develop autonomous robotaxis

Korea Economic Daily LogoKorea Economic Daily3h ago

Hyundai, Avride join hands to develop autonomous robotaxis - Korea Economic Daily

Quick Summary:

It marked the first time a Level 4 autonomous vehicle classified by the SAE International, formerly the Society of Automotive Engineers, has received Federal Motor Vehicle Safety Standards (FMVSS) certification.“This new agreement with Hyundai Motor will help us scale our operations significantly, with plans to expand our fleet to up to 100 autonomous IONIQ 5’s in 2025, leveraging Hyundai Motor’s IONIQ 5 and our autonomous driving technology,” Dmitry Polishchuk, CEO of Avride, was quoted as saying by TechCrunch.

Hyundai Motor Co.has agreed to partner with Avride, an autonomous driving technology startup, to develop driverless robotaxis as part of its push for Level 4 autonomous vehicles, according to media reports on Thursday.

The IONIQ 5 will be assembled at Hyundai Motor Group’s new factory in the US state of Georgia and then integrated with the Texas-based startup’s autonomous driving technology.


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Article Details

Category: Economy

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-06 @ 16:37:47 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: kedglobal.com

Language: English

Article Length: 258 words

Reading Time: 2 minutes read

Sentences: 16 lines

Sentence Length: 17 words per sentence (average)

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Copyright Owner: © Korea Economic Daily

News ID: 26691595

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