Haven't seen this mentioned here. I saw it first on Solving Modey Problem YT-channel. In nutshell, Hyundai is retreating from robotaxi development.
"Hyundai Motor Group's joint venture Motional announced staff reductions and a two-year delay to its driverless taxi service plans last week, following the group's 1.29 trillion won ($941 million) injection into the startup earlier this month, reflecting growing industry pessimism about the viability of self-driving cars.
Hyundai established Motional with Aptiv in the US in 2020 and launched its Ioniq 5-based robo-taxi service with Uber and Lyft last year. However, the rollout of the second-generation, fully autonomous service based on the Hyundai Ioniq 5 has now been postponed to 2026 -- two years later than initially planned.
This delay includes halting current operations such as taxi services in Las Vegas and delivery services for Uber Eats in Santa Monica, all of which currently require a human safety operator. According to the company, the services have completed more than 100,000 rides in Las Vegas and food deliveries in Los Angeles.
"Hyundai Motor Group's joint venture Motional announced staff reductions and a two-year delay to its driverless taxi service plans last week, following the group's 1.29 trillion won ($941 million) injection into the startup earlier this month, reflecting growing industry pessimism about the viability of self-driving cars.
Hyundai established Motional with Aptiv in the US in 2020 and launched its Ioniq 5-based robo-taxi service with Uber and Lyft last year. However, the rollout of the second-generation, fully autonomous service based on the Hyundai Ioniq 5 has now been postponed to 2026 -- two years later than initially planned.
This delay includes halting current operations such as taxi services in Las Vegas and delivery services for Uber Eats in Santa Monica, all of which currently require a human safety operator. According to the company, the services have completed more than 100,000 rides in Las Vegas and food deliveries in Los Angeles."
Hyundai Motor Group's joint venture Motional announced staff reductions and a two-year delay to its driverless taxi service plans last week, following the group's 1.29 trillion won ($941 million) injection into the startup earlier this month, reflecting growing industry pessimism about the...
m.koreaherald.com