Hyundai Motor Group and Aptiv Plc are giving their US$4bil (RM16.78bil) autonomous-driving joint venture a new name and going on a hiring spree to stay competitive in the race to develop self-driving cars.
The venture formed last September is now a standalone entity dubbed Motional. The company plans to increase staffing by about 45% this year to more than 1,000 people and will have a car that can drive itself in defined areas ready for external testing by 2022, Karl Iagnemma, Motional’s president, said by phone.
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