Hyundai Motor shares closed up 5.9% in South Korea as Boston Dynamics CEO steps down, sparking market expectations
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Gelonghui, February 11th - Boston Dynamics, the robotics subsidiary of Hyundai Motor Group, announced that its CEO Robert Playter will step down. This leadership change has sparked market expectations that the automaker will accelerate the commercialization of its robotics business. Hyundai Motor Group acquired a majority stake in Boston Dynamics in 2021. In January this year, Hyundai Motor stated that it plans to deploy humanoid robots produced by Boston Dynamics at its manufacturing plant in Georgia, USA.
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