The Hyundai-Aptiv autonomous driving joint venture has ambitious plans to advance the development and commercialization of Level 4 and 5 autonomous technologies in just a couple of years.
The JV, formed in March, is headed by President Karl Iagnemma, founder of self-driving technology startup nuTonomy. He's a University of Michigan graduate and the author of several novels.
Iagnemma said the joint venture will complete its first driverless system this year and plans to have a production-ready autonomous driving platform available for self-driving taxi providers, fleet operators and automakers in 2022, despite the coronavirus pandemic.