- Investment expected to strengthen existing partnership
- Companies to collaborate on autonomous vehicle platforms and services powered by the Aurora Driver
- Hyundai Motor Group and Aurora Innovation Inc. announced that Hyundai Motor Company and Kia Motors Corporation have invested in Aurora to accelerate development of autonomous vehicle technologies.
The move will strengthen the strategic partnership formed between the companies in 2018, under which Hyundai, Kia, and Aurora have been collaborating on self-driving technologies on Hyundai’s flagship fuel cell vehicle NEXO. With the new investment, the companies have agreed to expand research to a wide range of models and to build an optimal platform for Hyundai and Kia’s autonomous vehicles.
Aurora is the leading innovator of self-driving technology and we look forward to building a stronger collaborative partnership with them. Working closely with industry leaders around the world will help us develop fully self-driving vehicles that are safe and innovative for our customers.Youngcho ChiPresident and Chief Innovation Officer at Hyundai Motor Group
Since its establishment, Aurora has quickly secured its place as an industry leader in the development of self-driving technology. Its self-driving system, the Aurora Driver, comprises the lidar, radar, and cameras that perceive the world around it and the computer that runs the software modules, enabling it to make sense of the world and plan a safe path through it. With the integration of the Aurora Driver, Hyundai and Kia vehicles will enhance their ability to monitor, react, and adapt to different surroundings.
We are pleased with the progress made with the Hyundai and Kia teams. Together with all of our ecosystem partners, we are seeing the convergence of a powerful platform that will deliver the benefits of self-driving technology safely, quickly, and broadly.Sterling AndersonCo-founder and Chief Product Officer of Aurora
Hyundai Motor Group’s future mobility plans include commercialization of Level 4 autonomous vehicles by 2021 with the pilot launch of a fleet of autonomous robo-taxis in smart cities. By overcoming current limitations on automobiles and drivers, the Group will enrich the lives of its customers and deliver true ‘Freedom in Mobility.’