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RE: LeoThread 2024-09-19 10:58

in LeoFinance2 months ago

Nutonomy never received the same amount of media attention as other bigger and better funded AV players like the Google self-driving project, now known as Waymo. However, it got the attention of investors and the automotive and tech industry when it became the first to deploy a public trial of a self-driving car service in Singapore in August 2016. A little more than a year later, Nutonomy was acquired by Delphi — now known as Aptiv — for $450 million.

When Hyundai and Aptiv formed a $4 billion joint venture in 2019 called Motional to commercialize autonomous vehicles, Iagnemma took the top leadership role.