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Hyundai Motor denies tie-up with Tencent


07 April 2019  

Time taken to read : < 1 Minute


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SEOUL: Hyundai Motor Co has denied a report of signing a preliminary deal with Chinese technology firm Tencent Holdings to develop software for driverless vehicles.

Hyundai’s comments come a day after medias saying that the two companies planned to conduct joint research and development on safety and security systems for self-driving cars, which Hyundai seeks to roll out commercially by 2030.

Hyundai said in a statement on Sunday that its cooperation with the Chinese tech giant was focused on infotainment. Modern cars have so-called infotainment systems on a screen below the dashboard to provide services such as navigation and music.

(Agencies)

 

Publish Date : 07 April 2019 18:46 PM

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