Today there are many studies about autonomous vehicles. Companies in the sector have taken action to use these vehicles on the roads. Hyundai is also preparing to write its name among the companies that produce autonomous vehicles.
Hyundai seems to be getting serious about autonomous vehicle strategy. The Korean automobile manufacturer made a joint venture with Aptiv to develop autonomous vehicles without drivers. The company will begin testing its systems in 2020 and in 2022 will launch autonomous taxis, fleets and ready-made platforms for other car manufacturers.
The partnership will be led by Karl Lagnemma, the Boston manager of Aptiv, but the company will be owned by both sides. Aptiva; bring the driverless vehicle technology, intellectual property rights and about 700 employees to the partnership; Hyundai will contribute to vehicle engineering and R & D skills.
Both parties will benefit from the partnership:
Both companies have clear incentives to form a partnership. Hyundai is in the midst of a fierce battle with Ford, Volvo and other car manufacturers that have developed autonomous equipment. As the company develops its own projects, Aptiv can help get things going quickly.
This partnership is also a different initiative for Aptiv. Known to date with partnerships with Lyft, there is now an automotive giant among its partners, which may pave the way for the use of Aptiv systems in many cars around the world.