TechCrunch
Motional, the autonomous vehicle startup borne out of a $4 billion joint venture between Hyundai and automotive supplier Aptiv, will pause its commercial operations and delay plans to launch a driverless taxi service as it undergoes a restructuring, TechCrunch has learned. The aim is make progress on the core technology and the business model, while preserving capital, according to sources familiar with the changes. Motional has pushed its plan to launch a commercial driverless robotaxi service with its second-generation AV — the Hyundai Ioniq 5 — to 2026, two years later than planned.