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. It has been offering the service in Las Vegas through Uber and Lyft. Aptiv’s 2024 profit forecast of USD 5.55
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