# Hyundai x Aptiv (Motional joint venture): partnership

Canonical ID: `875cc13e-719c-404d-a3d1-1bb7e1bc9510`

Hyundai Motor Group and Aptiv formed Motional as a 50:50 autonomous driving joint venture valued at $4 billion; a 2024 restructuring raised Hyundai's common stake to about 67%.

- **Type:** joint venture
- **Status:** active
- **Verification posture:** verified

## Parties (3)

- [Motional](https://registry.deploy.report/companies/motional.md) other
- [Hyundai Motor Company](https://registry.deploy.report/companies/hyundai-motor.md) investor partner
- [Aptiv](https://registry.deploy.report/companies/aptiv.md) investor partner

## Timeline

- **Announced:** 2019-09-23

## Sources (2)

1. https://motional.com/news/introducing-motional · 2020-08-11
2. https://www.aptiv.com/en/newsroom/article/aptiv-and-hyundai-complete-motional-ownership-restructuring · 2024-05-03


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