Hyundai Motor Group Acquires SoftBank's Stake in Boston Dynamics, Making It a Wholly Owned Subsidiary

From：Internet Info Agency 2026-07-16 12:20:05

On July 16, Hyundai Motor Group announced it will acquire SoftBank Group's nearly 10% stake in Boston Dynamics, making Boston Dynamics a wholly owned subsidiary. The group stated that this move aims to accelerate the application of advanced robotics technologies across its various businesses. Earlier media reports indicated the transaction is valued at approximately 500 billion Korean won (about $335 million).

Editor：NewsAssistant

Most Viewed in 24 Hours

: Audi A2 E-Tron Prototype Spied Uncovered: Built on Dedicated EV Platform, Launching This Fall; European New Car Sales Rise 13% in June, Chinese Brands Surge 118%; NIO's All-New ES8 Hits 130,000 Deliveries; Spacious Five-Seater Now in Delivery; XPeng MONA L03 Core Component Suppliers and Tech Specs Revealed; GAC Aion S Recall: 210,000 Vehicles Affected by CALB Battery Defect; Extended Warranty and Free Repairs Offered; Next-Gen Toyota Corolla to Offer EV Variant on New Multi-Powertrain Platform; LFP Sector to See High Growth and Structural Shortages in 2026; Toyota to Launch All-Electric Corolla to Counter Chinese EV Rivals; Chinese Brands Surge into European Auto Market, Set to Overtake Japanese Rivals by 2026 with Record Sales; Foxconn Halts U.S. EV Project Over Tariffs, Shifts Focus to Poland and Japan