Found in Robotics White Papers & Archives, with a score of 62.02
March 15, 2022
Hyundai Motor India Ltd. had some experience with robotics, but it needed new technology to reduce the risk of worker injury in parts-feeding operations. The subsidiary of South Korean automaker Hyundai Motor Co. evaluated a number of options before choosing Ati Motors. Ati Motors' Sherpa autonomous mobile robots (AMRs) stood out because of their ease of use and the Bengaluru, India-based company's strong customer support through a robotics-as-a-service (RaaS) model. The AMRs have an electric drive train and a custom-built autonomy stack. Unlike automated guided vehicles (AGVs), Ati said its AMRs require less infrastructure and allow for more sophisticated fleet…
Found in Robotics News & Content, with a score of 44.96
December 23, 2021
Hyundai Motor Co. this week announced that it will present its vision for the future of robotics and the metaverse under the theme of “Expanding Human Reach” at CES 2022. The Seoul, South Korea-based company said it will explain how its Mobile Eccentric Droid and Boston Dynamics unit are part of its plan to expand beyond transportation into smart mobility for all. Established in 1967, Hyundai Motor has more than 120,000 employees in over 200 countries with more than 120,000 employees. The company has invested in technologies such as robotics and urban air mobility (UAM). Hyundai Motor Group completed its…
Found in Robotics News & Content, with a score of 43.90
July 28, 2023
…integrated with building systems to operate on multiple floors. Hyundai Elevator Co. this week signed a memorandum of understanding with LG Electronics and KT Corp. to jointly provide services to link robots and elevators. Last year, LG and KT (formerly Korea Telecom) had partnered to develop and launch customer-service robots. Also last year, Hyundai Elevator unveiled an open application programming interface (API) to synchronize elevators with robots, smartphones, home networks, smartphones, and other systems, said the Icheon, South Korea-based company. “We would like to initiate diverse collaborations with system and device enterprises through the launch of our open API,” said…
Found in Robotics News & Content, with a score of 40.23
September 24, 2020
Rescale Inc., in cooperation with Hyundai Motor Group, are building a multi-cloud high performance computing (HPC) environment for innovating in the smart mobility industry, the companies report. This new agile environment will allow researchers to expand capacity via the cloud. “Close collaboration between IT and the field is essential for Hyundai Motor’s digital transformation strategy,” says JungSik Suh, senior vice president and head of ICT Division of Hyundai Motor Group. “We are pleased that the Rescale cloud platform will be the venue for this collaboration, and expect it to increase research efficiency by moving away from the physical limitations of…
Found in Robotics News & Content, with a score of 38.61
April 10, 2023
DEEPX has signed a memorandum of understanding with Hyundai Motor Co. and Kia Corp. to further develop its artificial intelligence semiconductor technology designed for robots. Hyundai Motor is the parent company of Kia Corp., and they both share a robotics lab at the Uiwang R&D Center in Gyeonggi-do, South Korea. The companies have used DEEPX's technology as part of a proof-of-concept phase over the past year to run algorithms that allow robots to smoothly complete their tasks. DEEPX said its semiconductor technology demonstrated that it offers high AI computational efficiency and low power operation, making it suitable for mass production.…
Found in Robotics News & Content, with a score of 38.60
December 22, 2022
Hyundai Mobis and Ottopia earlier this week announced a partnership to develop a teleoperation platform to spur the commercialization of autonomous driving systems. In the framework of their partnership, Hyundai Mobis and Ottopia will work together to introduce an end-to-end remote mobility assistance solution where Ottopia provides all the core software technologies for teleoperation while Hyundai Mobis provides the hardware/software platform and system integration as a global Tier1. The companies said the remote assistance platform will be able to be scaled for a broad range of use cases to facilitate the rapid commercialization of autonomy in transportation, logistics, construction, mining,…
Found in Robotics News & Content, with a score of 38.17
June 21, 2021
Hyundai Motor Group today announced the completion of its acquisition of a controlling interest in Boston Dynamics Inc. from SoftBank Group Corp., following the receipt of regulatory approvals and other customary closing conditions. The deal valued the Waltham, Mass.-based mobile robot company at $1.1 billion, and additional financial details were not disclosed. Seoul, South Korea-based Hyundai now holds an 80% stake in Boston Dynamics, while Tokyo-based SoftBank retains the remaining 20% through one of its affiliates. Hyundai reportedly spent $880 million on the acquisition. “By acquiring Boston Dynamics and securing a leading presence in the field of robotics, the group…
Found in Robotics News & Content, with a score of 37.66
November 29, 2022
Hyundai Mobis yesterday announced that it has developed collaborative and mobile robots based on autonomous driving technology. The unit of automaker Hyundai Motor Co. has implemented the logistics systems in a pilot at its manufacturing plant in Ulsan, South Korea. In addition, Seoul, South Korea-based Hyundai Mobis said it has created an integrated controller system for its robots. Its parent company also owns legged robot maker Boston Dynamics Inc. “We are brainstorming innovative and creative ideas to develop safe and precise robotics technologies,” said Lee Seung-Hwan, head of the advanced engineering at Hyundai Mobis. “We hope to use these human-robot…
Found in Robotics News & Content, with a score of 37.12
August 08, 2023
…Inc. to release a new robot in 2024. The Hyundai Motor Group units did not specify what type of robot it will be, but they said they expect to tap into their development and manufacturing capabilities. Seoul, South Korea-based Kia has been exploring business opportunities in robotic logistics and automated delivery services, according to the Korea Herald. The automaker also plans to invest 28 trillion won ($21.9 billion U.S.) in air mobility, including electric vertical takeoff and landing (eVTOL) aircraft, leading to mass production by 2028, it reported. “[The plan to unveil a new robot in 2024] is one of…
Found in Robotics News & Content, with a score of 36.62
January 22, 2021
Making mobility innovation a key focus Hyundai aims to transform itself into a smart mobility solutions provider. In line with that, Hyundai Motor Group’s New Horizons Studio is developing products for future customers who have a need for travel in remote and off-road terrain, including places where vehicles have never roamed before. The team aims to build the world’s first transformer-class vehicle, also known as the Ultimate Mobility Vehicle (UMV). A few years ago, Hyundai asked the question, “What if cars could walk?” That bold question has now been answered with the development of an entirely new vehicle idea. It’s…
Found in Robotics News & Content, with a score of 36.34
December 11, 2020
Hyundai Motor Group and SoftBank Group today agreed on the main terms of a transaction pursuant to which Hyundai Motor Group will acquire a controlling interest in Boston Dynamics in a deal that values the mobile robot firm at $1.1 billion. The deal came as Hyundai Motor Group envisions the transformation of human life by combining world-leading robotics technologies with its mobility expertise. Financial terms were not disclosed. Under the agreement, Hyundai Motor Group will hold an approximately 80% stake in Boston Dynamics and SoftBank, through one of its affiliates, will retain an approximately 20% stake in Boston Dynamics after…
Found in Robotics News & Content, with a score of 35.24
August 12, 2022
Hyundai Motor Group today announced the launch of Boston Dynamics AI Institute with the goal of making fundamental advances in artificial intelligence, robotics, and intelligent machines. The automaker and Boston Dynamics will make an initial investment of more than $400 million in the new institute, which will be led by Marc Raibert, founder of Boston Dynamics. As a research-first organization, the institute will work on solving the most important and difficult challenges facing the creation of advanced robots, according to the companies. Boston Dynamics AI Institute to focus on machine learning Elite talent across AI, robotics, computing, machine learning and…
