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Hyundai Signs Deal With Russia's Yandex for Autonomous Cars

  • Russia tech firm signs deal with autoparts maker Hyundai Mobis
  • Cooperation may cover using Yandex’s speech, navigation, maps

A Hyundai Motor Group unit and Russia’s biggest technology company Yandex NV will jointly develop autonomous vehicles based the South Korean automotive giant’s cars.

Carmakers and tech companies are racing to rollout self-driving cars. Mercedes-Benz parent Daimler and BMW have set aside traditional rivalries, while Volvo Cars and Baidu Inc. have joined forces to develop robotaxis in China.