Hyundai Motor Group Boston Dynamics

Hyundai Motor Group, Boston Dynamics, and SoftBank announced completion of the HMG's acquisition of a controlling interest in Boston Dynamics. Hyundai Motor Group acquires a controlling interest in Boston Dynamics from SoftBank, following regulatory approvals and other conditions The Group expects synergy between the companies to accelerate the development of cutting-edge robotics featuring advanced mobility, manipulation and vision capabilities With Boston Dynamics, the Group will create a robotics value chain, from robot component. Hyundai's ownership of Boston Dynamics faces financial challenges, but it could aid in future growth and succession amid rising robotics competition.

Hyundai Motor Group intends to order "tens of thousands" of Boston Dynamics robots to aid in manufacturing at its facilities, including the new Metaplant America, based outside of Savannah, Georgia. Boston Dynamics and Hyundai Motor Group enter a new chapter together to increase manufacturing capabilities, expand collaboration to produce more robots, and build a vibrant robotics ecosystem in the U.S. On June 21, Hyundai Motor Group, Boston Dynamics, Inc., and SoftBank Group Corp.

announced the acquisition of Boston Dynamics by Hyundai for over $1.1 billion. What does this merger mean for the. Hyundai Motor Group said Tuesday that it has officially completed its acquisition of robotics company Boston Dynamics.

The deal was announced in December and valued Boston Dynamics at $1.1 billion. Hyundai Motor Group's U.S.-based affiliates, including Boston Dynamics and Motional, will continue work in robotics and autonomous driving. The company also plans to broaden collaboration with American firms in areas such as artificial intelligence, robotics, and autonomous technologies.

The investment also aims to accelerate commercialization of robotics via U.S.-based robotics company Boston Dynamics, of which Hyundai owns an 80% stake. Hyundai also plans to expand collaboration with U.S. companies in areas such as AI and autonomous driving via its Motional joint venture with Aptiv.

At Boston Dynamics' town hall, the Group announced plans to purchase tens of thousands of robots Waltham, Massachusetts, April 3, 2025 - Boston Dynamics, the global leader in mobile robotics, and Hyundai Motor Group (the Group) enter a new chapter together to increase manufacturing capabilities, expand collaboration to produce more robots, and build a vibrant [].