13JUNE2019 STATE OBSERVER
Aurora, which just announced a partnership with Fiat Chrysler Automobiles, competes with Alphabet`s Waymo and General Motors` majority-owned Cruise, among others
Hyundai Motor Co said on Thursday it would invest in self-driving car software startup Aurora along with Kia Motors Corp to speed up development of autonomous vehicle technologies.”With the new investment, the companies have agreed to expand research to a wide range of models and to build an optimal platform for Hyundai and Kia`s autonomous vehicles,” Hyundai said.Aurora said in a blog post that Hyundai and Kia`s investment is part of a series B financing round, which has now raised more than $600 million.Aurora, which just announced a partnership with Fiat Chrysler Automobiles, competes with Alphabet`s Waymo and General Motors` majority-owned Cruise, among others.
