bostonbased motional which expects to have more than 1000 employees by yearend has locations in pittsburgh las vegas santa monica singapore and now seoulby paul lienertsouth korean automaker hyundai motor co and auto supplier aptiv plc have named their selfdriving joint venture motional the companies said tuesday formed a year ago the 4billion venture is developing a fully automated system that it hopes to begin selling in 2022 to robotaxi companies and fleet operators chief executive karl iagnemma said in an interview in a postcovid world driverless technology is more relevant and important than ever he said more americans are interested in ride hailing now than before the pandemic advt bostonbased motional which expects to have more than 1000 employees by yearend has locations in pittsburgh las vegas santa monica singapore and now seoul its chief competitors include waymo the alphabet inc affiliate cruise the san francisco startup thats majorityowned by general motors co and pittsburghbased argo ai which is jointly controlled by ford motor co and volkswagen ag waymos selfdriving technology was developed inhouse at google and the company has attracted funding from canadian auto supplier magna international and dealer autonation it is testing its system in robotaxis and commercial vehicles with fiat chrysler automobiles and united parcel service among others cruise whose shareholders include honda motor co and softbank group has been testing both ride and delivery services and eventually will deploy an electric shuttle jointly developed by gm and honda argo has been testing its system in ford vehicles at several us locations with plans to expand to europe with vw iagnemma said those three selfdriving ventures and motional may have the best changes of survival unless you check all three boxes software capital and a strategic partnership with a vehicle manufacturer your chances of succeeding at scale are slim he said if you dont have resources to get to scale ultimately youll end up with a novelty reuters published on aug 11 2020 at 0649 pm ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app hyundai aptiv tieup motional hyundai motor co hyundai aptiv homenewsindustryhyundai aptiv name selfdriving joint venture motional