Hyundai Motor Company GDR

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Waymo $GOOGL (+0.99%)
considers partnership with Hyundai $HYUD (+2.21%)
for self-driving cars

Alphabet Inc's Waymo, known for its advances in autonomous driving technology, is currently in talks with Hyundai Motor to produce autonomous vehicles. This collaboration could utilize Hyundai's Ioniq 5 electric vehicles for Waymo's upcoming sixth generation of self-driving technology. The negotiations have already included several meetings between representatives of both companies.

At the center of the discussions is a potential shift from Waymo's current partnership with Chinese company Zeekr to the Ioniq 5 models. This potential change of course follows recent measures by the US government, which last week confirmed significant tariff increases on Chinese imports. These include a 100% levy on electric vehicles, which is due to come into force on September 27, 2024.

https://www.xm.com/research/markets/allNews/reuters/waymo-in-talks-with-hyundai-motor-to-produce-selfdriving-taxis-media-report-says-53928579

Hyundai $HYUD (+2.21%)
and General Motors $GM (-0.54%)
plan alliance

Hyundai and General Motors have signed a letter of intent to explore a cooperation.

Together, the Korean and US car manufacturers intend to explore cooperation in key strategic areas in order to reduce costs and accelerate the development of new vehicles. The cooperation is to extend to "the joint development and production of passenger and commercial vehicles, combustion engines and clean energy, electric and hydrogen technologies". The joint procurement of raw materials is also to be part of the partnership. The framework agreement was signed by Euisun Chung, Chairman of the Board of the Hyundai Motor Group, and GM CEO Mary Barra

Boston Dynamics $HYUD (+2.21%)

The new Atlas robot does push-ups...

Boston Dynamics demonstrates in a video how agile and strong the new Atlas robot already is. The plan: to become a factory worker.

In the video (https://techcrunch.com/2024/08/22/boston-dynamics-new-electric-atlas-can-do-push-ups/) that Boston Dynamics shared with tech magazine Techcrunch, the manufacturer primarily demonstrates the powerful actuators in the robot's limbs. The new Atlas needs such motors to be able to carry out heavy work in factories or other facilities in a possible future scenario. The two-legged humanoid design is intended to give it the ability to better complement or replace human labor.

Thanks to its electric actuators, the new Atlas can be built more compactly overall and is stronger than its predecessor, which was powered by pneumatic actuators. With the new components, the robot can also move much better and rotate its limbs by 180 degrees around its own axis. This means that the system does not have to turn around by moving its legs - as a human would - but can instead turn its torso and head on the spot.

Factory worker at Hyundai

Boston Dynamics was purchased by the
Korean conglomerate Hyundai. The company wants to use robots like the new Atlas in its own factories. This could save on personnel costs in particular. After all, a robot can work 24 hours a day, around the clock. The only payment: it has to be regularly recharged with energy and maintained.

Welcome to the future 👍

According to the ECG $HYUD (+2.21%) snatched it there today 😂

But I'm already looking forward to the next quarterly figures 💪🫠

$HYUD (+2.21%) Price target 208€? 🤔😮