Hyundai and Tencent join forces to develop software for self-driving cars

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South Korean automaker Hyundai and Chinese tech firm Tencent sign preliminary deal to develop software for driverless vehicles

Hyundai Motor Co's logo is seen during a media preview of the Seoul Motor Show in Goyang, South Korea.

Both companies plan to conduct joint research and development on safety and security systems for self-driving cars, which Hyundai seeks to roll out commercially by 2030, the report, which cited unnamed industry sources, said. Hyundai, the world’s 5th largest automaker together with affiliate Kia Motors, has been fostering partnerships with self-driving tech and social media firms as it aims to introduce highly automated vehicles by 2020 and fully autonomous vehicles by 2030.

Source: News Formal (newsformal.com)

 

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