Motional, in collaboration with Hyundai, has announced its first robotaxi. The Ioniq 5 is based on Hyundai's Ioniq 5 all-electric vehicle that debuted earlier this year and features Motional autonomous technology to create an SAE Level 4 autonomous vehicle that can drive without a driver.
Motional, a joint venture between Hyundai Motor Group HYMTF and global technology company Aptiv APTV, announced an expansion of its West Coast operations earlier this month, including investments in an operations facility and road testing in Los Angeles, a San Francisco Bay Area office and a doubling of its California team's size, to support on-road testing of the robotaxi.
Motional is testing vehicles in a number of areas, including the New England region where it is working with regional utility Eversource on a program that uses Motional vehicles operating within Eversource's service territory of Massachusetts, New Hampshire and Connecticut to collect data and information on Eversource's utility infrastructure and report that data back to the utility.
Motional has seen rapid growth over the past 18 months, during which time the company has finalized its joint venture, extended its operations in Asia to Seoul, South Korea, and grown its headcount by nearly 150%.
The Ioniq 5 robotaxi is Motional's first commercial vehicle. It is the vehicle that Motional will deliver to Lyft LYFT to carry passengers beginning in 2023. Lyft has already conducted more than 100,000 paid autonomous rides since 2018.
The Ioniq 5 robotaxi is loaded with technology, including a suite of more than 30 sensors displayed across the exterior that makes the vehicle stand out from other vehicles on the roadway. Cameras, radars, and lidar collect 360 degrees of data encircling the vehicle and convert that data into high-resolution images for "ultra-long-range detection of objects," Motional said.
The interior features a suite of rider-focused interfaces to allow passengers to interact with the vehicle during their ride, such as directing the robotaxi to make an extra stop. Inside, the Ioniq 5 is designed to provide more space for riders, including a flat floor and movable center console.
The Ioniq 5 is based on Hyundai's electric global modular platform and features fast charging that can charge the vehicle's battery packs — either a 58-kWh or 72.6-kWh option — from 10% to 80% in 18 minutes using a 350-kW charger. A five-minute charge provides 62 miles of range, Hyundai said.
The full range with the 72.6-kWh battery is nearly 300 miles.
You may also like:
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Ad Disclosure: The rate information is obtained by Bankrate from the listed institutions. Bankrate cannot guaranty the accuracy or availability of any rates shown above. Institutions may have different rates on their own websites than those posted on Bankrate.com. The listings that appear on this page are from companies from which this website receives compensation, which may impact how, where, and in what order products appear. This table does not include all companies or all available products.
All rates are subject to change without notice and may vary depending on location. These quotes are from banks, thrifts, and credit unions, some of whom have paid for a link to their own Web site where you can find additional information. Those with a paid link are our Advertisers. Those without a paid link are listings we obtain to improve the consumer shopping experience and are not Advertisers. To receive the Bankrate.com rate from an Advertiser, please identify yourself as a Bankrate customer. Bank and thrift deposits are insured by the Federal Deposit Insurance Corp. Credit union deposits are insured by the National Credit Union Administration.
Consumer Satisfaction: Bankrate attempts to verify the accuracy and availability of its Advertisers' terms through its quality assurance process and requires Advertisers to agree to our Terms and Conditions and to adhere to our Quality Control Program. If you believe that you have received an inaccurate quote or are otherwise not satisfied with the services provided to you by the institution you choose, please click here.
Rate collection and criteria: Click here for more information on rate collection and criteria.