Hyundai picks up some Aptiv shares of Motional for $448M – The Robot Report
Listen to this article Motional is shifting from deploying robotaxis and to developing and generalizing its driverless technology. | Source: Motional Aptiv PLC and Hyundai Motor Group have completed their ownership restructuring transitions for Motional AD LLC. Earlier this year, Aptiv said it would stop funding Motional after incurring millions of dollars in losses. Aptiv had forecast a non-cash equity loss of about $340 million in 2024. Now, Aptiv has sold an 11% common equity