Self-driving technology startup Avride partners with Hyundai to expand robotaxi fleet

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(Reuters) - Avride has partnered with Hyundai Motor Co to grow its fleet of robotaxis, and signed a woody with the South Korean automaker to jointly make and run self-driving vehicles, the companies said connected Wednesday.

The Texas-based startup volition grow its fleet to 100 Hyundai IONIQ 5 cars this twelvemonth and further successful 2026, arsenic Avride looks to participate caller regions and heighten its self-driving system.

Avride is among galore self-driving exertion improvement companies expanding their fleet of robotaxis, entering caller markets and tying up with ride-hailing companies.

Elon Musk-led Tesla prepares to motorboat its autonomous ride-hailing work successful California and Texas this year, portion Alphabet portion Waymo rolled retired its robotaxi services exclusively connected Uber's level connected Tuesday successful Austin, Texas.

Avride said its latest IONIQ 5 vehicles volition beryllium portion of its robotaxi services exclusively connected Uber successful Dallas, Texas.

Its cars volition beryllium manufactured successful the United States astatine Hyundai's Metaplant installation successful Georgia and past retrofitted with Avride's self-driving exertion suite.

The companies said arsenic portion of the partnership, they volition make a fleet of robotaxis and research the imaginable to collaborate connected autonomous transportation services utilizing Avride's robots.

The startup was antecedently portion of the self-driving part of Russian institution Yandex, from which it separated past twelvemonth pursuing firm restructuring.

The Russian steadfast had successful 2019 partnered with Hyundai's automotive proviso portion to make bundle and hardware systems for self-driving cars.

Avride's squad successful the past has worked with vehicles made by Hyundai Motor arsenic platforms for its autonomous technology, including the Sonata and IONIQ 5 models.

(Reporting by Akash Sriram successful Bengaluru; Editing by Vijay Kishore)

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