On Oct. 20, Hyundai Motor and Kia signed a memorandum of understanding for the "Level 4 Autonomous Truck Logistics Transport Demonstration Project" with Hyundai Mobis, Hyundai Glovis, Mars Auto and RideFlux at the Namyang R&D Center in Hwaseong, Gyeonggi Province.
Hyundai Motor and Kia plan to complete development of the test vehicles, equipped with dedicated controllers and interfaces for integrating autonomous driving systems, by early 2027.
Hyundai Motor and Kia plan to use the data collected during the trials to advance safety redundancy technology.
Beyond the heavy-duty truck demonstration, Hyundai Motor Group is expanding its autonomous driving ecosystem across the commercial vehicle sector.
Meanwhile, Hyundai Motor and Kia recorded combined second-quarter revenue of 82.25 trillion won, or approximately $61.95 billion, marking their highest combined quarterly revenue on record.