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	<title>Business News | ADAS &amp; Autonomous Vehicle International</title>
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	<title>Business News | ADAS &amp; Autonomous Vehicle International</title>
	<link>https://www.autonomousvehicleinternational.com/news/business</link>
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	<item>
		<title>Junghyun Kwon appointed executive VP and head of the Autonomous Driving Development Center at Hyundai</title>
		<link>https://www.autonomousvehicleinternational.com/news/business/junghyun-kwon-appointed-executive-vp-and-head-of-the-autonomous-driving-development-center-at-hyundai.html</link>
		
		<dc:creator><![CDATA[Rachel Evans]]></dc:creator>
		<pubDate>Tue, 11 Aug 2026 15:26:15 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Shared Mobility]]></category>
		<category><![CDATA[Simulation]]></category>
		<category><![CDATA[Testing]]></category>
		<category><![CDATA[V2X]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=25092</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/business/junghyun-kwon-appointed-executive-vp-and-head-of-the-autonomous-driving-development-center-at-hyundai.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/08/Junghyun-Kwon-appointed-executive-VP-and-head-of-the-Autonomous-Driving-Development-Center-at-Hyundai-WEB-PIC-2048x1147-1-300x168.jpg" alt="Junghyun Kwon appointed executive VP and head of the Autonomous Driving Development Center at Hyundai" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>Hyundai Motor Group has named Junghyun Kwon as its new executive vice president and head of the Autonomous Driving Development Center. According to the company, Kwon will be pivotal in advancing Hyundai&#8217;s autonomous driving capabilities. He will report to Minwoo Park, president and head of the advanced vehicle platform division.</p>
<p>Kwon is an autonomous driving AI expert who has worked at leading global tech companies. He oversaw autonomous driving software development and commercialization at Nvidia. Most recently, Kwon led intelligent robot development at Samsung Electronics.</p>
<p>Drawing on his deep expertise in autonomous vehicle perception software, deep learning, machine learning and computer vision technologies, Kwon will lead the group&#8217;s autonomous driving technology development from conception through product commercialization.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/business/junghyun-kwon-appointed-executive-vp-and-head-of-the-autonomous-driving-development-center-at-hyundai.html" rel="nofollow">Continue reading Junghyun Kwon appointed executive VP and head of the Autonomous Driving Development Center at Hyundai at ADAS &amp; Autonomous Vehicle International.</a></p>
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		<post-id xmlns="com-wordpress:feed-additions:1">25092</post-id>	</item>
		<item>
		<title>Key commercial readiness metrics released by PlusAI</title>
		<link>https://www.autonomousvehicleinternational.com/news/trucks/key-commercial-readiness-metrics-released-by-plusai.html</link>
		
		<dc:creator><![CDATA[Anthony James]]></dc:creator>
		<pubDate>Mon, 10 Aug 2026 15:12:05 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Trucks]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=25070</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/trucks/key-commercial-readiness-metrics-released-by-plusai.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/08/Metrics_release_horizontal-e1786379346462-300x168.webp" alt="Key commercial readiness metrics released by PlusAI" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>PlusAI has shared updated commercial readiness metrics for the first half of 2026, highlighting continued progress toward the commercial deployment of factory-built autonomous trucks targeted for 2027.</p>
<p>The company says it has continued to improve the safety validation, operational maturity and efficiency of SuperDrive since the January 2026 update of the metrics, while also achieving significant commercial milestones. PlusAI expects to achieve 100% safety-case readiness in 2027. During the first half of 2026, it:</p>
<ul>
<li>Launched a commercial autonomous fleet trial with International and Ryder on the I-35 freight corridor in Texas;</li>
<li>Announced the first autonomous trucks in Southern Europe, in cooperation with Spanish logistics operator Sesé and the Government of Aragon, Spain;</li>
<li>Released SuperDrive 6.0, delivering significant AI and processing improvements as well as enabling night driving and construction zone handling designed for scaled driverless operations;</li>
<li>Expanded its collaboration with Nvidia by leveraging the Alpamayo foundation model, Drive Hyperion and Halos safety technologies;</li>
<li>Achieved four key ISO certifications supporting commercial deployment;</li>
<li>Expanded international commercialization efforts through partnerships in Europe and Japan;</li>
<li>Received Fast Company’s 2026 World Changing Ideas recognition for SuperDrive.</li>
</ul>
<p><a href="https://www.autonomousvehicleinternational.com/news/trucks/key-commercial-readiness-metrics-released-by-plusai.html" rel="nofollow">Continue reading Key commercial readiness metrics released by PlusAI at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">25070</post-id>	</item>
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		<title>Amnon Shashua to step down as Mobileye CEO</title>
		<link>https://www.autonomousvehicleinternational.com/news/business/amnon-shashua-to-step-down-as-mobileye-ceo.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Mon, 27 Jul 2026 15:41:56 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=24985</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/business/amnon-shashua-to-step-down-as-mobileye-ceo.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/07/ecaf365d9a2d7801f9ab3f713075236c_1784805711303-300x168.webp" alt="Amnon Shashua to step down as Mobileye CEO" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>Mobileye has announced that its founder, Prof. Amnon Shashua, intends to step down as chief executive officer upon the appointment of a successor. Mobileye’s board of directors will hire an executive search firm and conduct a comprehensive process to select a new CEO. Prof. Shashua will remain a director of the company, and the board has offered him the role of chairman once a new CEO has been appointed.</p>
<p>Founded in 1999, Mobileye develops computer vision technology for advanced driver-assistance and autonomous driving systems. Its technology is deployed in more than 250 million vehicles across over 1,400 models worldwide.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/business/amnon-shashua-to-step-down-as-mobileye-ceo.html" rel="nofollow">Continue reading Amnon Shashua to step down as Mobileye CEO at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">24985</post-id>	</item>
		<item>
		<title>North American EV OEM selects Valeo&#8217;s high-resolution radar platform</title>
		<link>https://www.autonomousvehicleinternational.com/news/sensors/north-american-ev-oem-selects-valeos-high-resolution-radar-platform.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Wed, 01 Jul 2026 15:58:26 +0000</pubDate>
				<category><![CDATA[ADAS]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Safety]]></category>
		<category><![CDATA[Sensors]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=24816</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/sensors/north-american-ev-oem-selects-valeos-high-resolution-radar-platform.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/07/chuttersnap-xfaYAsMV1p8-unsplash-300x168.jpg" alt="North American EV OEM selects Valeo&#8217;s high-resolution radar platform" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>Valeo has secured a contract for advanced safety technologies with a North American electric vehicle manufacturer. The company will deploy its corner radar suite, including both hardware and embedded software, for the auto maker’s L2+ and L3 system.</p>
<p>The latest generation of radar has been engineered to enable essential life-saving features, including automatic emergency braking (AEB), lane keeping assist (LKA) as well as safe exit protection (SEP). Valeo’s radar system can also support eyes-off functions that could be added over-the-air by the OEM at a later date.</p>
<p>“This landmark win with a major North American auto maker validates the unrivaled performance of our next-generation radar in the most demanding environments,” said Marc Vrecko, CEO of Valeo Brain Division.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/sensors/north-american-ev-oem-selects-valeos-high-resolution-radar-platform.html" rel="nofollow">Continue reading North American EV OEM selects Valeo&#8217;s high-resolution radar platform at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">24816</post-id>	</item>
		<item>
		<title>Waymo selects Element to support autonomous fleet operations</title>
		<link>https://www.autonomousvehicleinternational.com/news/business/waymo-selects-element-to-support-autonomous-fleet-operations.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Tue, 16 Jun 2026 13:19:38 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Robo-Taxis]]></category>
		<category><![CDATA[Shared Mobility]]></category>
		<category><![CDATA[Testing]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=24554</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/business/waymo-selects-element-to-support-autonomous-fleet-operations.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/06/unnamed-300x168.png" alt="Waymo selects Element to support autonomous fleet operations" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>Element Fleet Management has announced a strategic multi-year partnership with Waymo to support the large-scale deployment and operation of autonomous vehicle fleets.</p>
<p>This partnership will provide end-to-end fleet management and operational services to support Waymo&#8217;s autonomous mobility operation, beginning with an initial deployment in San Diego, California, and expanding to additional markets over time.</p>
<p>Autonomous mobility is rapidly advancing, and scaling these fleets requires more than vehicles on the road – it requires an integrated operational and digital orchestration layer, capable of managing fleet readiness, charging infrastructure, energy optimization, maintenance, compliance and real-time operational performance across markets.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/business/waymo-selects-element-to-support-autonomous-fleet-operations.html" rel="nofollow">Continue reading Waymo selects Element to support autonomous fleet operations at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">24554</post-id>	</item>
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		<title>Bot Auto strengthens leadership team to scale autonomous trucking</title>
		<link>https://www.autonomousvehicleinternational.com/news/trucks/bot-auto-strengthens-leadership-team-to-scale-autonomous-trucking.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Thu, 04 Jun 2026 09:55:07 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Trucks]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=24428</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/trucks/bot-auto-strengthens-leadership-team-to-scale-autonomous-trucking.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/06/image-13-e1780568785653-300x168.jpeg" alt="Bot Auto strengthens leadership team to scale autonomous trucking" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>The next chapter of autonomous trucking won&#8217;t be won by technology alone, it will be won by operators who know how to scale it, said Bot Auto, which has announced the appointment of Brett Suma as president and chief operating officer.</p>
<p>Suma brings nearly 30 years of freight industry experience, having built his career from the ground up at Knight Transportation before founding Loadsmith and then TrailerHawk.ai, a trailer technology company acquired by Wabash in 2025.</p>
<p>He joins Bot Auto alongside Knight, Loadsmith and TrailerHawk.ai colleagues David Stemm, who will become vice president of commercial operations at Bot Auto, and Jessica Kane, who is taking on the role of vice president of commercial finance.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/trucks/bot-auto-strengthens-leadership-team-to-scale-autonomous-trucking.html" rel="nofollow">Continue reading Bot Auto strengthens leadership team to scale autonomous trucking at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">24428</post-id>	</item>
		<item>
		<title>Nvidia expands Drive Hyperion Level 4-ready AV ecosystem</title>
		<link>https://www.autonomousvehicleinternational.com/news/robotaxis/nvidia-expands-drive-hyperion-level-4-ready-av-ecosystem.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Fri, 29 May 2026 07:00:39 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Robo-Taxis]]></category>
		<category><![CDATA[Software]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=24404</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/robotaxis/nvidia-expands-drive-hyperion-level-4-ready-av-ecosystem.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/06/nvidia-drive-hyperion-powers-robotaxis-300x168.jpg" alt="Nvidia expands Drive Hyperion Level 4-ready AV ecosystem" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>Nvidia has expanded the Nvidia Drive Hyperion robotaxi-ready platform ecosystem, bringing together leading global auto makers, manufacturing and autonomous vehicle software ecosystem partners and ride-hailing mobility providers to build and expand Level 4-ready robotaxi fleets.</p>
<p>Nvidia Drive Hyperion is a safe, scalable, Level 4-ready platform built on the Nvidia Halos full-stack safety system for physical AI. It combines high-performance Nvidia Drive AGX in-vehicle compute, Nvidia Halos OS – the software foundation of Halos, built on the safety-certified Nvidia DriveOS operating system – with a compatible multimodal sensor suite and Nvidia Drive AV software purpose-built for highly automated and autonomous driving capabilities.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/robotaxis/nvidia-expands-drive-hyperion-level-4-ready-av-ecosystem.html" rel="nofollow">Continue reading Nvidia expands Drive Hyperion Level 4-ready AV ecosystem at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">24404</post-id>	</item>
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		<title>Aurrigo opens UK manufacturing hub to scale autonomous vehicle production</title>
		<link>https://www.autonomousvehicleinternational.com/news/business/aurrigo-opens-uk-manufacturing-hub-to-scale-autonomous-vehicle-production.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Wed, 22 Apr 2026 11:49:03 +0000</pubDate>
				<category><![CDATA[ADAS]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Testing]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=24003</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/business/aurrigo-opens-uk-manufacturing-hub-to-scale-autonomous-vehicle-production.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/04/Aurrigo-New-Office-L.jpg-300x168.jpeg" alt="Aurrigo opens UK manufacturing hub to scale autonomous vehicle production" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>Following a £14.1m (US$19m) fundraising to support global expansion, Aurrigo International has opened a new UK hub, marking a key step in its growth and manufacturing capability. Production of the company&#8217;s autonomous vehicles will begin shortly at a facility in Power Park, Coventry.</p>
<p>The new site measures over 12,000m2, more than three times the size of the firm’s current facility, and will serve as its UK hub for advanced engineering, autonomous vehicle development, high-volume manufacturing and ongoing automotive activities.</p>
<p>This expansion supports Aurrigo’s recently launched international hub and licensing program, which aims to accelerate the company&#8217;s global commercialization strategy by seeking local relationships, funding and manufacturing support in Europe, the Middle East, Southeast Asia and the US.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/business/aurrigo-opens-uk-manufacturing-hub-to-scale-autonomous-vehicle-production.html" rel="nofollow">Continue reading Aurrigo opens UK manufacturing hub to scale autonomous vehicle production at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">24003</post-id>	</item>
		<item>
		<title>AI-defined vehicles and expanded electrification shape Nissan’s future mobility strategy</title>
		<link>https://www.autonomousvehicleinternational.com/news/ai-sensor-fusion/ai-defined-vehicles-and-expanded-electrification-shape-nissans-future-mobility-strategy.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Mon, 20 Apr 2026 10:37:52 +0000</pubDate>
				<category><![CDATA[AI & Sensor Fusion]]></category>
		<category><![CDATA[Business]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=23970</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/ai-sensor-fusion/ai-defined-vehicles-and-expanded-electrification-shape-nissans-future-mobility-strategy.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/04/APTI-and-AAVI-Nissan-e1776681146387-300x168.jpg" alt="AI-defined vehicles and expanded electrification shape Nissan’s future mobility strategy" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>Nissan Motor has announced its long‑term vision: Mobility Intelligence for Everyday Life, a plan to integrate mobility intelligence into everyday life through Nissan&#8217;s focus on AI-defined vehicles (AIDV), offering a choice of electrification technologies to meet diverse customer and market needs.</p>
<p>Ivan Espinosa, president and CEO, said, &#8220;This is the right moment to articulate Nissan&#8216;s long‑term vision as we move beyond the Re:Nissan recovery plan and set a clear path for the future. Our vision defines where Nissan is headed, with customer experience as our guiding priority. By advancing mobility intelligence, we will deliver intuitive, advanced and reliable products and technologies that offer outstanding value and enrich how mobility is experienced.&#8221;</p>
<p>At the core of the strategy is Nissan AIDV, combining Nissan AI Drive and Nissan AI Partner technologies.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/ai-sensor-fusion/ai-defined-vehicles-and-expanded-electrification-shape-nissans-future-mobility-strategy.html" rel="nofollow">Continue reading AI-defined vehicles and expanded electrification shape Nissan’s future mobility strategy at ADAS &amp; Autonomous Vehicle International.</a></p>
]]></description>
		
		
		
		<post-id xmlns="com-wordpress:feed-additions:1">23970</post-id>	</item>
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		<title>Autonomous trucking to account for US$70bn of US GDP by 2035, industry report finds</title>
		<link>https://www.autonomousvehicleinternational.com/news/business/autonomous-trucking-to-account-for-us70bn-of-us-gdp-by-2035-industry-report-finds.html</link>
		
		<dc:creator><![CDATA[Zahra Awan]]></dc:creator>
		<pubDate>Mon, 23 Mar 2026 12:19:16 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Trucks]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<guid isPermaLink="false">https://www.autonomousvehicleinternational.com/?p=23674</guid>

					<description><![CDATA[<a href="https://www.autonomousvehicleinternational.com/news/business/autonomous-trucking-to-account-for-us70bn-of-us-gdp-by-2035-industry-report-finds.html"><img width="300" height="168" src="https://www.autonomousvehicleinternational.com/wp-content/uploads/2026/03/Aurora_Works_4-300x168.jpg" alt="Autonomous trucking to account for US$70bn of US GDP by 2035, industry report finds" align="left" style="margin: 0 20px 20px 0;max-width:100%" /></a><p>A new report commissioned by Aurora and conducted by the Steer Group has found that autonomous freight is already contributing billions to the US$1tn US trucking industry, with even greater economic potential expected over the next decade. In response, Aurora Innovation is committing US$1m to its Aurora Works initiative to help prepare the US workforce.</p>
<p>The analysis, titled <em>Economic Impacts of Self-Driving Freight in the US</em>,  highlights that autonomous trucking, despite being in early stages of deployment, currently supports 17,000 jobs and US$3.3bn in total economic output.</p>
<p>The report projects that by 2035, autonomous trucking will contribute US$70bn to US GDP, becoming a highly efficient growth driver for long-haul transportation.</p>
<p><a href="https://www.autonomousvehicleinternational.com/news/business/autonomous-trucking-to-account-for-us70bn-of-us-gdp-by-2035-industry-report-finds.html" rel="nofollow">Continue reading Autonomous trucking to account for US$70bn of US GDP by 2035, industry report finds at ADAS &amp; Autonomous Vehicle International.</a></p>
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