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Motional
Motional is an American autonomous vehicle company founded in March 2020 as a joint venture between automaker Hyundai Motor Group and auto supplier Aptiv. Headquartered in Boston, Massachusetts, Motional also maintains operations in Pittsburgh, Singapore, Las Vegas, and Los Angeles. Motional began testing its newest generation of vehicles in Las Vegas, Nevada, in February 2021, and also operates vehicles in Pittsburgh and Santa Monica, California. Name 'Motional' is a portmanteau of motion and emotional, with motion referring to the movement of self-driving cars and emotional expressing the willingness to realize the value of human respect. History * 2013 - nuTonomy and Ottomatika, Inc. are established as spin-offs at Massachusetts Institute of Technology and Carnegie Mellon University. * 2015 - Delphi acquired Ottomatika * 2015 - Delphi demonstrates what they claim to be America's first fully autonomous transcontinental crossing. * 2016 - nuTonomy trial operated the world's ...
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Aptiv
Aptiv PLC is an Irish-American automotive technology supplier with headquarters in Dublin. Aptiv grew out of the now-defunct American company, Delphi Automotive Systems, which itself was formerly a component of General Motors. History The company was established as General Motors' Automotive Components Group in 1994, which changed its name to Delphi Automotive Systems in 1995. Delphi disclosed some irregular accounting practices in 2005. A number of executives, including CFO Alan Dawes, resigned. Delphi Chairman J.T. Battenberg retired. Delphi then filed for Chapter 11 bankruptcy protection to reorganize its struggling U.S. operations. As a result of this action, the Securities and Exchange Commission granted an application by the New York Stock Exchange to delist Delphi's common stock and bonds. Plants in Puerto Real, Cádiz, Spain, closed, with a loss of 1,600 direct jobs, and more than 2,500 indirect jobs in February 2007, despite having agreed to continue its manufact ...
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NuTonomy
NuTonomy (stylized as nuTonomy) was an MIT spin-off technology startup company that made software to build self-driving cars and autonomous mobile robots. The company was founded in 2013. In August 2016, it launched its robo-taxi service (pilot project) in Singapore. In October 2017, Delphi Automotive (now Aptiv) purchased the company, which then became part of the Motional autonomous driving joint venture between Aptiv and Hyundai Motor Group. History NuTonomy began testing its software on cars in early 2016. One of the cars used to test its software included Mitsubishi i-MiEV. The product is still in research and development phase. In August 2016, it launched its autonomous taxi service using a fleet of 6 modified Renault Zoes and Mitsubishi i-MiEVs. NuTonomy later signed three significant partnerships to develop its technology and service: with Grab, with Groupe PSA, which is supposed to provide the company with Peugeot 3008 SUVs, and the last one with Lyft to launch a Robo ...
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Hyundai Ioniq 5
The Hyundai Ioniq 5 ( ko, 현대 아이오닉 5) is a battery electric compact crossover SUV produced by Hyundai. It is the first product to be marketed under the electric cars-focused Ioniq sub-brand, and the first model developed on the Hyundai Electric Global Modular Platform (E-GMP). It was revealed globally on 23 February 2021. Overview The design was previewed by the Hyundai 45 EV Concept which was presented at the Frankfurt Motor Show in September 2019. Both the concept car and the production version are inspired by the original Hyundai Pony, and features the Parametric Pixel design that is applied to the headlights, tail lights, and wheels. The vehicle's clamshell hood spans the entire width to make a sleek look with the 20-inch aerodynamic wheels. The "45" describes both the 45th anniversary of the Pony coupe and the 45-degree angles prominent on the sides of the concept. At the time, Hyundai called the design language "sensuous sportiness" and described the front a ...
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NuTonomy
NuTonomy (stylized as nuTonomy) was an MIT spin-off technology startup company that made software to build self-driving cars and autonomous mobile robots. The company was founded in 2013. In August 2016, it launched its robo-taxi service (pilot project) in Singapore. In October 2017, Delphi Automotive (now Aptiv) purchased the company, which then became part of the Motional autonomous driving joint venture between Aptiv and Hyundai Motor Group. History NuTonomy began testing its software on cars in early 2016. One of the cars used to test its software included Mitsubishi i-MiEV. The product is still in research and development phase. In August 2016, it launched its autonomous taxi service using a fleet of 6 modified Renault Zoes and Mitsubishi i-MiEVs. NuTonomy later signed three significant partnerships to develop its technology and service: with Grab, with Groupe PSA, which is supposed to provide the company with Peugeot 3008 SUVs, and the last one with Lyft to launch a Robo ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Santa Monica, California
Santa Monica (; Spanish language, Spanish: ''Santa Mónica'') is a city in Los Angeles County, California, Los Angeles County, situated along Santa Monica Bay on California's South Coast (California), South Coast. Santa Monica's 2020 United States Census Bureau, U.S. Census population was 93,076. Santa Monica is a popular resort town, owing to its climate, beaches, and hospitality industry. It has a diverse economy, hosting headquarters of companies such as Hulu, Universal Music Group, Lionsgate Films, and The Recording Academy. Santa Monica traces its history to Rancho San Vicente y Santa Monica, granted in 1839 to the Sepúlveda family of California. The rancho was later sold to John Percival Jones, John P. Jones and Robert Symington Baker, Robert Baker, who in 1875, along with his Californio heiress wife Arcadia Bandini de Stearns Baker, founded Santa Monica, which incorporated as a city in 1886. The city developed into a seaside resort during the late 19th and early 20th cen ...
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The Verge
''The Verge'' is an American technology news website operated by Vox Media, publishing news, feature stories, guidebooks, product reviews, consumer electronics news, and podcasts. The website launched on November 1, 2011, and uses Vox Media's proprietary multimedia publishing platform Chorus. In 2014, Nilay Patel was named editor-in-chief and Dieter Bohn executive editor; Helen Havlak was named editorial director in 2017. ''The Verge'' won five Webby Awards for the year 2012 including awards for Best Writing (Editorial), Best Podcast for ''The Vergecast'', Best Visual Design, Best Consumer Electronics Site, and Best Mobile News App. History Origins Between March and April 2011, up to nine of ''Engadget''s writers, editors, and product developers, including editor-in-chief Joshua Topolsky, left AOL, the company behind that website, to start a new gadget site. The other departing editors included managing editor Nilay Patel and staffers Paul Miller, Ross Miller, Joann ...
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Lyft
Lyft, Inc. offers mobility as a service, ride-hailing, vehicles for hire, motorized scooters, a bicycle-sharing system, rental cars, and food delivery in the United States and select cities in Canada. Lyft sets fares, which vary using a dynamic pricing model based on local supply and demand at the time of the booking and are quoted to the customer in advance, and receives a commission from each booking. Lyft is the second-largest ridesharing company in the United States after Uber. History Lyft was launched in the summer of 2012 by computer programmers Logan Green and John Zimmer as a service of Zimride, a long-distance intercity carpooling company focused on college transport that they founded in 2007 after Green shared rides from the University of California, Santa Barbara campus to visit his girlfriend in Los Angeles and was seeking an easier way to share rides. In May 2013, the company changed its name from Zimride to Lyft. Later that year, Lyft sold the original Zimride ...
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Singapore
Singapore (), officially the Republic of Singapore, is a sovereign island country and city-state in maritime Southeast Asia. It lies about one degree of latitude () north of the equator, off the southern tip of the Malay Peninsula, bordering the Strait of Malacca to the west, the Singapore Strait to the south, the South China Sea to the east, and the Straits of Johor to the north. The country's territory is composed of one main island, 63 satellite islands and islets, and one outlying islet; the combined area of these has increased by 25% since the country's independence as a result of extensive land reclamation projects. It has the third highest population density in the world. With a multicultural population and recognising the need to respect cultural identities of the major ethnic groups within the nation, Singapore has four official languages: English, Malay, Mandarin, and Tamil. English is the lingua franca and numerous public services are available only in Eng ...
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Las Vegas, Nevada
Las Vegas (; Spanish for "The Meadows"), often known simply as Vegas, is the 25th-most populous city in the United States, the most populous city in the state of Nevada, and the county seat of Clark County. The city anchors the Las Vegas Valley metropolitan area and is the largest city within the greater Mojave Desert. Las Vegas is an internationally renowned major resort city, known primarily for its gambling, shopping, fine dining, entertainment, and nightlife. The Las Vegas Valley as a whole serves as the leading financial, commercial, and cultural center for Nevada. The city bills itself as The Entertainment Capital of the World, and is famous for its luxurious and extremely large casino-hotels together with their associated activities. It is a top three destination in the United States for business conventions and a global leader in the hospitality industry, claiming more AAA Five Diamond hotels than any other city in the world. Today, Las Vegas annually ranks as one ...
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