Hyundai invests $1 Billion in full-self-driving after incurring $1.5 billion loss

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Hyundai is committing close to $1 billion towards the advancement of self-driving technology through Motional, an autonomous driving startup. “Hyundai Motor Group has chosen to secure stable management rights in Motional to actively progress the development of autonomous driving technology and internalize key technology,” stated the South Korean automaker.

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