Hyundai, Avride join hands to develop autonomous robotaxis
Texas-based Avride plans to expand its fleet of autonomous IONIQ 5 vehicles to up to 100 units in 2025
By Mar 06, 2025 (Gmt+09:00)
LG Chem to sell water filter business to Glenwood PE for $692 million


KT&G eyes overseas M&A after rejecting activist fund's offer


Kyobo Life poised to buy Japan’s SBI Group-owned savings bank


StockX in merger talks with Naver’s online reseller Kream


Meritz backs half of ex-manager’s $210 mn hedge fund



Hyundai Motor Co. has agreed to partner with Avride, an autonomous driving technology startup, to develop driverless robotaxis based on all-electric IONIQ 5 sports utility vehicles as part of its push for Level 4 autonomous vehicles, Avride announced on Thursday.
The two companies will also look to use Avride’s sidewalk delivery robots for autonomous delivery services. Avride is a spin-off of Russia’s leading technology company Yandex.
The IONIQ 5 will be assembled at the new Hyundai Motor Group Metaplant America (HMGMA) factory in the US state of Georgia and then integrated with the Texas-based startup’s autonomous driving technology.
These new vehicles will roll out later this year in Dallas as part of Avride’s robotaxi service and will only be accessed through the Uber app.
“This new agreement with Hyundai Motor will help us scale our operations significantly, with plans to expand our fleet to up to 100 autonomous IONIQ 5’s in 2025, leveraging Hyundai Motor’s IONIQ 5 and our autonomous driving technology,” Dmitry Polishchuk, CEO of Avride, said in a press release.

Their partnership comes after an IONIQ 5 robotaxi passed a US driver’s license test last year.
It marked the first time a Level 4 autonomous vehicle classified by the SAE International, formerly the Society of Automotive Engineers, has received Federal Motor Vehicle Safety Standards (FMVSS) certification.
At Level 4, a vehicle can handle its navigation under limited conditions without requiring a driver to take over. It is just shy of Level 5, which enables fully automated driving.
Hyundai is stepping up efforts to supply customized self-driving vehicles beyond directly marketing autonomous cars to consumers.
In October, it entered into a multi-year strategic partnership with Waymo LLC to jointly develop the IONIQ 5 equipped with Level 4 autonomous driving technology.
Motional Inc., a joint venture between Hyundai and Aptiv PLC, a US mobility startup, has been offering a pilot robotaxi service with the Hyundai IONIQ 5 on public roads in Las Vegas since 2018.
Write to Yeonhee Kim at yhkim@hankyung.com
-
Korean chipmakersSamsung, Hyundai Motor eye tech alliance on autonomous vehicle chips
Dec 18, 2024 (Gmt+09:00)
3 Min read -
Future mobilityHyundai Motor, Waymo forge multi-year, strategic partnership
Oct 04, 2024 (Gmt+09:00)
5 Min read -
AutomobilesHyundai IONIQ 5 N named Car and Driver's 2024 top EV
Aug 26, 2024 (Gmt+09:00)
1 Min read -
Future mobilityHyundai’s JV Motional delays robotaxi commercialization, cuts jobs
May 09, 2024 (Gmt+09:00)
3 Min read -
Future mobilityHyundai Motor’s IONIQ 5 robotaxi passes US driver’s license test
Apr 01, 2024 (Gmt+09:00)
4 Min read -
AutomobilesHyundai IONIQ 5 gets first nip and tuck, adds new model
Mar 04, 2024 (Gmt+09:00)
3 Min read -
Future mobilitySamsung hires Waymo’s autonomous driving design head
Nov 15, 2023 (Gmt+09:00)
1 Min read -
AutomobilesHyundai Motor’s UK sales highest in 5 years, driven by IONIQ 5
Jul 14, 2023 (Gmt+09:00)
2 Min read -
AutomobilesHankook & Co. buys autonomous driving tech startup 3Secondz
Mar 07, 2023 (Gmt+09:00)
1 Min read -
Future MobilityKorea autonomous driving startup 42dot valued at $434 mn
Nov 01, 2021 (Gmt+09:00)
3 Min read