Search results for Jose Munoz
Mobility
China\'s Xpeng targets global autonomous driving market as Hyundai turns to robotaxis
Chinese electric vehicle maker Xpeng is expanding a licensing business to sell autonomous driving and smart cockpit technology to external customers beyond its cooperation with Volkswagen. The company set up a commercialization team about six months ago and is seeking contracts for vehicle E/E architecture, smart cockpit, its Turing AI chip, advanced driver assistance systems and autonomous driving software. Hyundai Motor is also turning to robotaxis as a new demand driver in the United States.
Industry
Hyundai Motor CEO warns U.S. must keep barriers to block Chinese carmakers
Hyundai Motor\'s chief executive warned the United States should keep high tariffs and market-entry barriers to prevent Chinese carmakers from gaining a foothold. He said Chinese brands are rapidly expanding their share in Europe and could do the same in the U.S. if trade barriers are lowered. He cited Britain, which does not apply extra EU-style tariffs on Chinese EVs, and data showing higher Chinese-brand sales shares in Britain than in the EU.
Mobility
Hyundai Motor turns to robotaxis as U.S. EV demand slows, to produce at Georgia plant
Hyundai Motor is nurturing robotaxis as a new source of demand as U.S. electric vehicle demand slows. It plans to produce tens of thousands of Ioniq 5 robotaxis for Waymo at its Georgia plant. CEO Jose Munoz called robotaxis the biggest new opportunity for its EV business and said Hyundai is boosting the use of existing assets. Hyundai has adjusted production at its Savannah-area plant, reducing EV output and increasing hybrids while diverting EV capacity to robotaxis.