Aptiv to cut stake in robotaxi tech firm Motional, stop funding – ET Auto
Baua Electric
FEBRUARY 1, 2024
Aptiv will reduce its stake in self-driving technology joint venture Motional and will stop further funding after incurring millions in losses related to the investment, the auto parts supplier said on Wednesday. Motional, a venture between the company and Hyundai Motor Co , uses the South Korean carmaker IONIQ5 electric car for its robotaxi.
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