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Hyundai-backed Motional buys time with a bridge loan | TechCrunch

Retrieved on: 2024-03-15 17:55:52

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Hyundai-backed Motional buys time with a bridge loan | TechCrunch. View article details on hiswai:

Summary

Motional, an autonomous vehicle startup, has received bridge financing to extend its capital runway as it pursues further funding, with goals to launch a robotaxi service and runs an Uber Eats delivery pilot. Hyundai remains its primary backer after Aptiv ceased funding.

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