BREAKING NEWS

Hyundai to start autonomous sharing ride-sharing service in California

Hyundai to start autonomous sharing ride-sharing service in California
FILE PHOTO: A Hyundai logo is seen at Hyundai of Serramonte in Colma, California, U.S., October 3, 2017. REUTERS/Stephen Lam -
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STEPHEN LAM(Reuters)
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(Reuters) – Hyundai Motor Co <005380.KS> will offer autonomous ride sharing services in California from next month to study consumer behaviour in an autonomous driving environment, the companies involved said on Friday.

The South Korean carmaker will team up with Pony.ai, a self-driving start-up, and mobility service provider Via to build a fleet of at least 10 Kona electric sport-utility vehicles to provide autonomous ride-sharing services called BotRide in Irvine, California.

Sequoia Capital China-backed Pony.ai, which has a partnership with Toyota <7203.T>, will build self-driving systems with Hyundai, while Via will develop mobile phone applications for the service, the companies said.

While the vehicles will have self-driving functions, two safety operators will be onboard to take over if there is an emergency.

The service will start on Nov. 4.

Hyundai has announced plans to invest $35 billion (£27 billion) in mobility and other auto technologies by 2025.

(Reporting by Yilei Sun in Beijing and Hyunjoo Jin in Seoul; editing by Jason Neely)

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