MOSCOW, March 20. /TASS/. Russia’s leading search provider Yandex and Hyundai Mobis, an affiliate of the South Korean Hyundai Motor Group and one of the world’s largest manufacturers of automotive components, have signed a memorandum of understanding on development of control systems for Level 4 and Level 5 autonomous vehicles, "combining Yandex’s established self-driving technologies with Hyundai Mobis’ extensive experience in the automotive industry," the companies said in a joint statement.
"The agreement also provides that the companies may expand into other areas of cooperation such as developing joint products that integrate Yandex technologies including speech, navigation, and mapping among others," the statement said. Hyundai Mobis is currently developing its own driverless vehicle, M. BILLY.
The first stage of the collaboration between the partners is set to focus on developing a driverless prototype vehicle based on standard Hyundai or Kia production model cars. In the future, the companies plan to build a new autonomous driving control system as an out-of-the-box solution intended for car manufacturers, car sharing services and taxi fleets.