Aptiv’s capital withdrawal puts Motional's robo-taxi ambitions at risk

AutotechInsight Analysis Monthly

The tightening of funding for Motional further accentuates industry concerns around the return on investment with regard to the development and commercialization of Level 4 mobility-as-a-service technologies

Aptiv has announced the discontinuation of capital support for Motional's robotaxi service commercialization set for 2024. Aptiv, involved in a $4 billion joint venture with Hyundai to establish Motional, made this announcement during its fourth-quarter earnings call, highlighting challenges related to the high costs involved, particularly in hardware development, hindering widespread adoption in the on-demand mobility market.

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