Hyundai and Kia announce investment in Aurora to strengthen existing partnership.
Korean automakers work with Aurora on the platform and services of a standalone vehicle through the Aurora Driver. Hyundai Motor Group and Aurora Innovation Inc. announce that Hyundai Motor Company and Kia Motors Corporation have invested in Aurora to accelerate the development of the autonomous technologies of their vehicles.
This move is to strengthen the 2018 strategic partnership, in which Hyundai, Kia and Aurora are working together to develop standalone technologies at NEXO, a Korean fuel cell fueled automaker. With a new investment, companies have agreed to expand their research to a broad range of models and build an ideal platform for Hyundai and Kia vehicles.
"Aurora is a leading innovator in self-contained control technology"Said Youngcho Chi, president and chief innovator of Hyundai Motor Group."Working closely with the world leader will help us develop fully autonomous steering vehicles that are safe and innovative for our customers.".
Since its foundation, Aurora has quickly established itself as a leader in the development of self-contained control technologies. Its Aurora Driver system includes surveillance, radar and surveillance cameras that monitor the world and a computer with software modules that provide a safe path. By integrating the Aurora Driver, Hyundai and Kia vehicles will be able to better monitor, respond and adapt to different circumstances.
Hyundai's and Kia's partnership with Aurora is part of the Group's ongoing efforts to become a leader in autonomous management. In 2017, the Hyundai IONIQ model successfully demonstrated autonomous driving technologies in the urban environment of Las Vegas. Hyundai also introduced the fleet of stand-alone vehicles equipped with level 4 technology at the Pyongyang Winter Olympics in 2018.
Hyundai Motor Group's future mobility plans include marketing stand-alone vehicles from level 4 through 2021 with the pilot launch of a fleet of stand-alone taxis in smart cities. Overcoming the current limitations of cars and drivers, Hyundai will enrich the lives of its customers and bring them real "freedom of mobility."