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Hyundai to launch car powered by its own chips in 2029

Original: Hyundai to debut car powered by proprietary automotive chips in 2029

Hyundai plans to debut a vehicle powered by its own proprietary automotive semiconductors in 2029, according to Korean business outlet KED Global. The move would make the automaker less dependent on outside chip suppliers at a time when carmakers worldwide are racing to secure semiconductor supply amid ongoing shortages and the growing role of chips in vehicles.

Why now: Automakers are under pressure to secure their own semiconductor supply chains, making Hyundai's in-house chip plan notable news.

HyundaiHyundai Motor Group

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