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Hyundai Motor Group and Seoul City to Cooperate for Downtown Self-driving

Hyundai Motor Group and Seoul City to Cooperate for Downtown Self-driving
Seoul City officials and Hyundai Motor Group executives pose for a photo after signing a memorandum of understanding for self-driving technology development on Nov. 21.

Hyundai Motor Group signed a memorandum of understanding with Seoul City in order to develop downtown self-driving technology in Gangnam.

According to the MOU, the city is planning to provide Hyundai with traffic signal and road infrastructures essential for the autonomous driving and the automaker will test six such cars on 23 roads in Gangnam starting from next month. The cars are hydrogen electric vehicles and 15 are scheduled to be tested in 2021.

The city will provide around-the-clock traffic data and information every 0.1 second via mobile communications networks. Hyundai will grasp traffic situations in real time based on the information and data so that downtown self-driving can be carried out with safety. In addition, the city is going to share its data and information with schools and enterprises wishing to test their downtown self-driving technology so that the future car industry can be further developed based on collaboration.

The city and the automaker are aiming to develop the world’s finest downtown self-driving technology by 2021 by working with each other. Their goal for 2024 is to come up with commercial downtown self-driving technology and manufacture autonomous vehicles in 2024.

In the meantime, the group and autonomous driving software developer Aptiv signed a contract two months ago to set up a joint venture by investing US$4 billion. The joint venture is planning to release an autonomous driving platform in 2022 for use in automakers, robo-taxi companies, etc.

Source: www.businesskorea.co.kr

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