Motional Revises Robotaxi Rollout Amid Financial and Technological Challenges
The autonomous vehicle startup, backed by Hyundai, postpones its commercial launch to 2026, focusing on core technology development.
- Motional, a joint venture between Hyundai and Aptiv, announces a strategic delay in its robotaxi service, citing the need for further technological advancements and a more favorable business environment.
- The company, which has conducted over 100,000 autonomous rides, plans to enhance its driverless technology while scaling back near-term commercial efforts.
- Staff reductions and operational pauses in Las Vegas are part of a broader restructuring aimed at refining Motional's long-term autonomous vehicle strategy.
- Hyundai's recent $900 million investment underscores its commitment to Motional, despite the current setbacks in commercial deployment.
- Competitive pressures and high operational costs contribute to the decision, with the firm aiming for a more sustainable entry into the autonomous transport market.