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Announced

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Hyundai and Kia completed an investment in Aurora Innovation.

Synopsis

Automotive companies Hyundai and Kia completed an investment in Aurora Innovation, a self-driving technology developer. Financial terms were not disclosed. "Aurora is the leading innovator of self-driving technology and we look forward to building a stronger collaborative partnership with them. Working closely with industry leaders around the world will help us develop fully self-driving vehicles that are safe and innovative for our customers," Youngcho Chi, Hyundai Motor Group President and Chief Innovation Officer.

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