Motional Reboots Autonomous Driving Plans, Launches Fully Driverless Taxi Service in Las Vegas by 2026
Motional, a joint venture between Hyundai and Aptiv, had previously planned to launch an autonomous taxi service in collaboration with Lyft, but faced difficulties after missing key deadlines. After Aptiv withdrew, Hyundai added a $1 billion investment. The company underwent layoffs, reducing its workforce from 1,400 to 600 employees, and decided to pause the original plan and seek transformation for survival.