motional Motional CEO Steps Down as Hyundai Takes Control of Self-Driving Startup Motional president and CEO Karl Iagnemma is stepping down from his leadership role, with CTO Laura Major taking over as interim CEO. The leadership change comes shortly after Hyundai acquired a majority stake in the autonomous vehicle joint venture.
autonomous vehicles Autonomous Vehicle Developers Drive Record $2.7B Robotics Funding in June Robotics investments reach a 2024 high of $2.7 billion in June, largely driven by massive funding rounds for autonomous vehicle companies. The monthly total easily surpasses the trailing 12-month average and pushes the 2024 halfway mark to $8.4 billion.
motional Motional and Via Partner to Launch Paid Shared Robotaxi Service in 2021 A new joint effort between Motional and Via brings a fee-based, shared robotaxi service to a U.S. city next year. The partnership aims to create a scalable blueprint for integrating autonomous vehicles into existing public transit networks.
aptiv Aptiv and Lyft Surpass 50,000 Self-Driving Rides in Las Vegas Aptiv's self-driving BMWs provide over 50,000 rides through the Lyft app, earning high safety ratings from passengers. Human safety drivers still remain behind the wheel as the indefinite pilot program continues to expand.
aptiv Aptiv Brings Self-Driving Tech to China with New Shanghai Center Aptiv opens an autonomous mobility center in Shanghai, marking its fifth global market for self-driving operations. The company plans to test vehicles on public roads by late 2019 and is seeking local partners for mapping and deployment.