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Stock impact report

Hyundai accelerates self-driving technology development [Yahoo! Finance]

Uber Technologies, Inc. (UBER) 
Last uber technologies, inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Hyundai Motor Group last month revealed a roadmap to equip its vehicles with Level 2+ autonomous driving technology by 2027. The system will use data collected from cameras and radar on a vehicle to make complex decisions via “artificial intelligence (AI) deep learning decision structures,” the automaker said. Hyundai is also ramping up its automated vehicle foundry, with Uber announcing plans to expand robotaxi services through the initiative. Originally launched in 2024 , the foundry supplies vehicles capable of autonomous driving features to global autonomous driving companies. By pursuing Level 2+ functionality in its vehicles, Hyundai is building on its efforts to increase automation within its driving systems. SAE International does not explicitly define Level 2+ within its six categories of autonomous driving types ; however, the automotive engineering association has acknowledged the rise of industry usage of the “Level 2+” designation. Level 2+ ties together “‘semi Show less Read more
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