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Wednesday, January 31, 2024

Autonomous vehicle company Motional is about to lose a key backer

Autonomous vehicle company Motional is losing capital support from one of its primary backers as it aims to commercialize a robotaxi service in 2024. Automotive supplier Aptiv — the other half of a $4 billion joint venture with Hyundai that created Motional — said Wednesday it will no longer allocate capital towards the endeavor. “While […]

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source https://techcrunch.com/2024/01/31/autonomous-vehicle-company-motional-is-about-to-lose-a-key-backer/

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