Hyundai Mobis Co., South Korea's biggest auto parts manufacturer, has partnered with Russia's biggest technology company, Yandex NV, to jointly develop autonomous vehicles, the company said on Mar. 19, 2019.
|In this photo taken March 19, 2019, Hyundai Mobis CEO Park Chung-kook (left) and Yandex CEO Arkady Volozh pose for a photo after signing a memorandum of understanding for a partnership in autonomous vehicles at the Korean auto parts firm's R&D center in Yongin, just southeast of Seoul.|
In its research and development center in Yongin, southeast of Seoul on Mar. 19, 2019, Hyundai Mobis inked an initial agreement to develop a prototype driverless car and build an autonomous control system to be marketed to carmakers and car-sharing startups, the company said in a statement.
Hyundai Mobis, a key affiliate of Hyundai Motor Group, has expanded its business partnerships with overseas companies that have advanced future vehicle technologies.
Yandex, which is also Russia's largest search engine, began testing self-driving car prototypes in 2017 and launched a fully autonomous taxi service in a Russian city last year. (Yonhap)
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