The Hyundai group's third fund under its ZER01NE accelerator program has been set up at a scale of 125 billion won (US$91.4 million), with financial participation from group affiliates
The battery technology uses heat-resistant materials and includes a fire suppression device integrated with the battery case. Hyundai Mobis said it has filed domestic and international patents for the technology
The three-row seater is Kia's second model equipped with Hyundai Motor Group's dedicated electric vehicle platform, called E-GMP, after the EV6 SUV launched in 2021.
Chung tested a self-driving Ioniq 5 electric vehicle during his visit to Motional's Boston headquarters and discussed ways to expand the partnership with its senior executives, Hyundai Motor said.
Hyundai Motor Group, together with Boston Dynamics, will create robotics value chain ranging from robot component manufacturing to smart logistics solutions.
