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Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot – TechCrunch

Hyundai Motor is considering increasing its stake in, or fully acquiring, the South Korea-based lidar-free autonomous mobility platform 42dot, the latest signal of its growing interest in the fast-growing space. A spokesperson of 42dot told TechCrunch that the startup is in talks with Hyundai Motor, but cautioned that terms including stake size and deal valuation […]

Asia Digest: S Korea s 42dot, Pakistan s Trellis Housing Finance raise funding

Hyundai Motor Group Appoints Chang-Hyeon Song as President and Head of the New TaaS Division

Hyundai Motor Group Appoints Chang-Hyeon Song as President and Head of the New TaaS Division
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Hyundai appoints new mobility/TaaS head

Chang-Hyeon Song Hyundai Motor Group has appointed Chang-Hyeon Song as President to oversee mobility businesses for Hyundai Motor Company and Kia Corporation. The group also announced the establishment of a new Transportation-as-a-Service (TaaS) Division and named President Song as head of the new division.  The new TaaS Division will be in charge of building strategies and all aspects of global mobility services including planning, development and operations. The new organization will streamline the group s existing mobility services, then introduce new service models based on user data to enhance the competitiveness of its global mobility business. The division also plans to create a mobility ecosystem that will promote collaboration among diverse players within the industry.

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