Found in Robotics News & Content, with a score of 59.12
December 23, 2021
Hyundai Motor Co. this week announced that it will present its vision for the future of robotics and the metaverse under the theme of “Expanding Human Reach” at CES 2022. The Seoul, South Korea-based company said it will explain how its Mobile Eccentric Droid and Boston Dynamics unit are part of its plan to expand beyond transportation into smart mobility for all. Established in 1967, Hyundai Motor has more than 120,000 employees in over 200 countries with more than 120,000 employees. The company has invested in technologies such as robotics and urban air mobility (UAM). Hyundai Motor Group completed its…
Found in Robotics News & Content, with a score of 52.24
September 24, 2020
Rescale Inc., in cooperation with Hyundai Motor Group, are building a multi-cloud high performance computing (HPC) environment for innovating in the smart mobility industry, the companies report. This new agile environment will allow researchers to expand capacity via the cloud. “Close collaboration between IT and the field is essential for Hyundai Motor’s digital transformation strategy,” says JungSik Suh, senior vice president and head of ICT Division of Hyundai Motor Group. “We are pleased that the Rescale cloud platform will be the venue for this collaboration, and expect it to increase research efficiency by moving away from the physical limitations of…
Found in Robotics News & Content, with a score of 51.19
December 22, 2022
Hyundai Mobis and Ottopia earlier this week announced a partnership to develop a teleoperation platform to spur the commercialization of autonomous driving systems. In the framework of their partnership, Hyundai Mobis and Ottopia will work together to introduce an end-to-end remote mobility assistance solution where Ottopia provides all the core software technologies for teleoperation while Hyundai Mobis provides the hardware/software platform and system integration as a global Tier1. The companies said the remote assistance platform will be able to be scaled for a broad range of use cases to facilitate the rapid commercialization of autonomy in transportation, logistics, construction, mining,…
Found in Robotics News & Content, with a score of 50.29
June 21, 2021
Hyundai Motor Group today announced the completion of its acquisition of a controlling interest in Boston Dynamics Inc. from SoftBank Group Corp., following the receipt of regulatory approvals and other customary closing conditions. The deal valued the Waltham, Mass.-based mobile robot company at $1.1 billion, and additional financial details were not disclosed. Seoul, South Korea-based Hyundai now holds an 80% stake in Boston Dynamics, while Tokyo-based SoftBank retains the remaining 20% through one of its affiliates. Hyundai reportedly spent $880 million on the acquisition. “By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the group…
Found in Robotics News & Content, with a score of 49.81
November 29, 2022
Hyundai Mobis yesterday announced that it has developed collaborative and mobile robots based on autonomous driving technology. The unit of automaker Hyundai Motor Co. has implemented the logistics systems in a pilot at its manufacturing plant in Ulsan, South Korea. In addition, Seoul, South Korea-based Hyundai Mobis said it has created an integrated controller system for its robots. Its parent company also owns legged robot maker Boston Dynamics Inc. “We are brainstorming innovative and creative ideas to develop safe and precise robotics technologies,” said Lee Seung-Hwan, head of the advanced engineering at Hyundai Mobis. “We hope to use these human-robot…
Found in Robotics News & Content, with a score of 48.30
December 11, 2020
Hyundai Motor Group and SoftBank Group today agreed on the main terms of a transaction pursuant to which Hyundai Motor Group will acquire a controlling interest in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Financial terms were not disclosed. Under the agreement, Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20% stake in Boston Dynamics after…
Found in Robotics News & Content, with a score of 47.30
January 22, 2021
Making mobility innovation a key focus Hyundai aims to transform itself into a smart mobility solutions provider. In line with that, Hyundai Motor Group’s New Horizons Studio is developing products for future customers who have a need for travel in remote and off-road terrain, including places where vehicles have never roamed before. The team aims to build the world’s first transformer-class vehicle, also known as the Ultimate Mobility Vehicle (UMV). A few years ago, Hyundai asked the question, “What if cars could walk?” That bold question has now been answered with the development of an entirely new vehicle idea. It’s…
Found in Robotics News & Content, with a score of 46.73
December 16, 2022
…countries in the world, is getting more service robots. Hyundai Motor Group last week said it has started two pilot programs using autonomous robots based on its Plug & Drive, or PnD, modular platform. They will be conducting delivery services at a hotel and a residential-commercial complex located in the outskirts of Seoul. The delivery robot consists of a storage unit integrated on top of a PnD driving unit. In addition to the loading box used to deliver items, a connected screen displays information for customers. “PnD-based delivery robots allow quicker delivery times with improved safety through the use of…
Found in Robotics News & Content, with a score of 45.12
August 12, 2022
Hyundai Motor Group today announced the launch of Boston Dynamics AI Institute with the goal of making fundamental advances in artificial intelligence, robotics, and intelligent machines. The automaker and Boston Dynamics will make an initial investment of more than $400 million in the new institute, which will be led by Marc Raibert, founder of Boston Dynamics. As a research-first organization, the institute will work on solving the most important and difficult challenges facing the creation of advanced robots, according to the companies. Boston Dynamics AI Institute to focus on machine learning Elite talent across AI, robotics, computing, machine learning and…
Found in Robotics News & Content, with a score of 43.91
August 31, 2021
Motional Inc. and Hyundai Motor Group today announced the IONIQ 5, Motional’s next-generation robotic taxicab. Based on the all-electric Hyundai IONIQ 5 vehicle, which launched last year, the IONIQ 5 robotaxi is an SAE Level 4 autonomous vehicle that can safely operate without a driver. The robotaxi will have zero tailpipe emissions, and the combination of electrification and autonomy could make transportation smarter, safer, and more sustainable, claimed the companies. “This robotaxi represents Motional’s vision of a driverless future becoming a reality,” stated Karl Iagnemma, president and CEO of Motional. “Through our strategic partnership with Hyundai Motor Group and Aptiv,…
Found in Robotics News & Content, with a score of 38.38
January 06, 2022
…international Consumer Electronics Show in Las Vegas this week, Hyundai Motor Co. showed humanoid robots and modular mobility platforms as it discussed its “metamobility” and “Mobility of Things” concepts. In its exhibit, which had the theme “Expanding Human Reach,” Hyundai offered three 20-minute-long dynamic movement demonstrations of four robots, including the Spot quadruped and three new systems. Like other automakers, Hyundai said a combination of artificial intelligence, virtual reality (VR), robotics, autonomous vehicles, and urban air mobility (UAM) will lead to the ability to move goods and people on demand, blurring the distinctions between transport modes. Hyundai explains Metamobility concept…
Found in Robotics News & Content, with a score of 34.99
February 03, 2021
…agency, has announced a statewide program in collaboration with Hyundai Power Transformers (HPT), the division of Hyundai Electric Systems that specializes in the manufacture of power transformers used in electrical grids across the U.S. Built in collaboration with immersive learning startup TRANSFR, the partnership is making job training in one of Alabama’s fastest-growing industries accessible to thousands of unemployed workers and aspiring manufacturing professionals across the state, organizations report. “This is an application of VR technology that extends well beyond what many of us are familiar with from gaming or consumer apps. It's about harnessing the potential of immersive learning…
