Get the latest tech news

Motional delays commercial robotaxi plans amid restructuring

Motional, the autonomous vehicle startup borne out of a $4 billion joint venture between Hyundai and automotive supplier Aptiv, will pause its commercial

Motional, the autonomous vehicle startup borne out of a $4 billion joint venture between Hyundai and automotive supplier Aptiv, will pause its commercial operations and delay plans to launch a driverless service as it undergoes a restructuring, TechCrunch has learned. Employees were told that the stubbornly high cost of running a commercial operations coupled with pricey autonomous vehicle technology components makes the business case challenging today. Earlier this year, Motional’s future was put in doubt after Aptiv announced plans to reduce its ownership interest and stop allocating capital to the venture due to the high cost of commercializing a robotaxi business and the long road ahead to profits.

Get the Android app