Hyperdrive
Don’t Chuck Your Driver’s License Just Yet, Hyundai Chief Says
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Hyundai Motor Group’s de facto leader said the company’s autonomous vehicles may be on the road in three years but it’s going to take more time for people to get rid of their driver’s license.
Executive Vice Chairman Chung Euisun, 48, who’s gradually been taking over from his 81-year-old chairman father, has been overseeing the transformation of the South Korean automotive giant to prepare the family business for the industry’s major technology disruptions. He took a big step toward getting Hyundai ready for the robocar revolution when the group announced this week its biggest push yet into the field -- the creation of a $4 billion venture with Aptiv Plc.