Hyundai Motor Group said on Thursday it would make U.S. robotics company Boston Dynamics a wholly owned subsidiary by acquiring SoftBank Group’s stake of around 10%.
Terms of the deal were not disclosed. Local media reported last month that the transaction would likely be worth about 500 billion won ($335 million).
Hyundai plans to begin deploying Boston Dynamics’ humanoid robot Atlas at a car manufacturing plant in Georgia from 2028. The robot will initially handle parts sequencing tasks, with its role likely to be expanded to a broader range of manufacturing processes, including component assembly by 2030.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
