Story perspectives

Hyundai Teams with Waymo for Autonomous IONIQ 5 Testing

9/19/2025

Summary

Story summary

Hyundai partners with Waymo to test IONIQ 5 prototypes featuring autonomous driving technology, enhancing its mobility strategy.
The company seeks strategic partnerships to boost market penetration and technology development.
Hyundai leads in fuel cell technology with 73,000 sales and is developing next-generation systems for commercial use.
By 2030, Hyundai aims for a sustainable profit margin of 7-9% through improved product mix and cost efficiency.
In Q2 next year, Hyundai will launch Pleos Connect, an infotainment system with personalized user profiles and an app marketplace.

History

Historical Context

In 2015, the U.S. government introduced the Federal Automated Vehicles Policy to advance autonomous vehicle technology. This initiative spurred collaborations between companies like Waymo, a subsidiary of Alphabet Inc., and automakers such as Hyundai. These partnerships aim to innovate mobility solutions, potentially transforming transportation and enhancing sustainability in the automotive industry, reflecting a significant shift in market dynamics.

1 of 2

Story summary

Hyundai partners with Waymo to test IONIQ 5 prototypes featuring autonomous driving technology, enhancing its mobility strategy.
The company seeks strategic partnerships to boost market penetration and technology development.
Hyundai leads in fuel cell technology with 73,000 sales and is developing next-generation systems for commercial use.
By 2030, Hyundai aims for a sustainable profit margin of 7-9% through improved product mix and cost efficiency.
In Q2 next year, Hyundai will launch Pleos Connect, an infotainment system with personalized user profiles and an app marketplace.

1 / 2