trending Market Intelligence /marketintelligence/en/news-insights/trending/f2fpoDUSoMpNDJUE7KwA6w2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us
In This List

Hyundai, Lear to partner for global navigation software

Amazon e-commerce sales soar amid COVID-19

Gauging Supply Chain Risk In Volatile Times

S&P Global Market Intelligence

Cannabis: Hashing Out a Budding Industry

Segment

IFRS 9 Impairment How It Impacts Your Corporation And How We Can Help


Hyundai, Lear to partner for global navigation software

Hyundai Motor Co. parent Hyundai Motor Group and auto parts-maker Lear Corp. have joined hands to test and develop Lear's EXO high accuracy vehicle positioning technology.

The proprietary Global Navigation Satellite System technology plans to boost self-driving mobility efforts by providing "centimeter-level accuracy" globally.

The South Korean carmaker's Hyundai-Kia America Technical Center Inc., or HATCI, will become the first development partner in Lear's EXO Technology Partnership Program.

From 2019, HATCI will use the positioning solution and help develop it into a full automotive-grade solution for cellular-connected and Level 2 and 3 autonomous driving features.

Lear added that it expects to welcome more innovation development partnerships throughout the year.

The carmaker reportedly is planning to pilot a self-driving taxi service in 2021 in South Korea.