The coming together of these two companies illustrates the opportunities for exploiting complementary and synergistic strengths in developing advanced automotive technologies.
“Tier 1 components supplier Aptiv has considerable expertise in advanced driving assistance systems (ADAS) that form a foundation for the technologies needed in autonomous vehicles. Therefore, it can supply the necessary basic vehicle sub-system platforms and technology modules for Motional to develop further.
“Hyundai brings vehicle manufacturing, whole vehicle development and engineering strengths that are going to be essential in developing vehicles with a high degree of driverless or autonomous driving capability.
“The Motional JV brings the two companies’ core strengths together for renewed focus in this high-growth field. It also enables them to share large investment costs
Comments are closed.