Last week, Hyundai Motor Group announced a $21 billion investment in U.S. operations from 2025 to 2028, including some $6 billion earmarked for strategic partnerships with U.S. companies.
As part of this new investment, Hyundai will purchase "tens of thousands of robots" from Boston Dynamics, according to the robot maker. As part of the partnership, the carmaker plans to help Boston Dynamics scale over the course of the next few years by integrating its manufacturing capabilities. Together, the two hope to create one of the biggest manufacturers of advanced mobile robots in the world.
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Hyundai motor acquired a majority interest in Boston Dynamics in 2021 from SoftBank, which still owns 20% of the robot maker. At the time, Hyundai hoped to leverage its manufacturing, logistics, and automation knowhow to create a robotics value chain.
Hyundai already uses Boston's Spot—the company's agile mobile robot that resembles a robotic dog—for industrial inspection and predictive maintenance at its facilities. The automaker also plans to deploy Atlas, Boston’s humanoid robot, across its factories in the future. About a year ago, Hyundai embarked on an effort to test the latest version of Atlas to help build "the next generation of automotive manufacturing capabilities."
During a recent all-employee town hall at Boston Dynamics, Jaehoon Chang, vice chair of Hyundai Motor Group, said Boston Dynamics and robotics AI will play a crucial role in achieving the company's goal of changing the way vehicles are made. "Physical AI and humanoid robots will transform our business landscape to the next level," Chang said. "Through our collaboration, we will expedite the process to achieve leadership in the robotics industry."
According to Goldman Sachs, the humanoid robotics market will grow to more than $38 billion by 2035.
"The opportunity for advanced robots in the mobility industry is massive," said Boston Dynamics CEO Robert Playter. He said Hyundai Motor Group will become Boston's biggest customer and help build new AI policies. The partnership will also provide access to Hyundai's vast commercial network, establishing new customers for products like warehouse robot Stretch, and entering multi-lateral agreements through which the companies deliver robots, trucks, and EVs together.
Late last week, when Hyundai celebrated the grand opening of the company's $7.6 billion EV factory in Georgia, Metaplant America, Spot gave demonstrations to VIP guests. The robot pup will be used for exterior quality inspection in the Metaplant's weld shop. Atlas, the electric humanoid robot, will also be deployed at the plant in the future.
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WEBVTT
X-TIMESTAMP-MAP=LOCAL:00:00:00.000,MPEGTS:0
00:00.200 --> 00:06.449
Last week, Hyundai Motor Group announced a $21
billion investment in US operations from
00:06.449 --> 00:13.359
2025 to 2028, including some $6 billion
earmarked for strategic partnerships
00:13.359 --> 00:14.590
with US companies.
00:14.840 --> 00:21.159
As part of this new investment, Hyundai will
purchase tens of thousands of robots from
00:21.159 --> 00:23.920
Boston Dynamics, according to the robot maker.
00:24.273 --> 00:29.273
As part of the partnership, the carmaker plans
to help Boston Dynamics scale over the course
00:29.273 --> 00:33.263
of the next few years by integrating its
manufacturing capabilities.
00:33.472 --> 00:39.022
Together, the two hope to create one of the
biggest manufacturers of advanced mobile robots
00:39.272 --> 00:42.452
in the world.
Hyundai Motor acquired a majority interest in
00:42.452 --> 00:47.833
Boston Dynamics in 2021 from SoftBank, which
still owns 20% of the robot maker.
00:48.155 --> 00:51.706
At the time, Hyundai hoped to leverage its
manufacturing, logistics,
00:51.715 --> 00:55.655
and automation know-how to create a robotics
value chain.
00:55.866 --> 01:01.116
Hyundai already uses Boston's Spot, the
company's agile mobile robot that some say
01:01.116 --> 01:05.295
resembles a robotic dog for industrial
inspection and predictive maintenance at its
01:05.295 --> 01:08.666
facilities.
The automaker also plans to deploy Atlas,
01:08.825 --> 01:12.066
Boston's humanoid robot, across its factories
in the future.
01:12.690 --> 01:18.290
About a year ago, Hyundai embarked on an effort
to test the latest version of Atlas to help
01:18.290 --> 01:22.279
build the next generation of automotive
manufacturing capabilities.
01:22.610 --> 01:25.610
During a recent all-employee town hall at
Boston Dynamics,
01:25.769 --> 01:31.690
vice chair of Hyundai Motor Group said Boston
Dynamics and robotics AI will play a crucial
01:31.690 --> 01:36.129
role in achieving the company's goal of
changing the way vehicles are made.
01:36.347 --> 01:42.007
He said, quote, Physical AI and humanoid robots
will transform our business landscape to the
01:42.007 --> 01:45.567
next level.
Through our collaboration, we will expedite the
01:45.567 --> 01:48.717
process to achieve leadership in the robotics
industry.
01:49.007 --> 01:54.527
According to Goldman Sachs, the humanoid
robotics market will grow to more than $38
01:54.527 --> 01:58.836
billion by 2035.
The CEO of Boston Dynamics said,
01:58.866 --> 02:03.174
quote, the opportunity.
For advanced robots in the mobility industry is
02:03.174 --> 02:06.444
massive.
He went on to say that Hyundai Motor Group will
02:06.444 --> 02:10.914
become Boston's biggest customer and help build
new AI policies.
02:11.083 --> 02:15.113
This partnership will also provide access to
Hyundai's vast commercial network,
02:15.203 --> 02:20.283
establishing new customers for products like
Warehouse Robot Stretch and entering
02:20.283 --> 02:23.404
multilateral agreements through which the
companies can deliver.
02:23.921 --> 02:28.880
trucks, and EVs together late last week when
Hyundai celebrated the grand opening of the
02:28.880 --> 02:34.910
company's $7.6 billion EV factory in Georgia,
Meta Plant America,
02:35.281 --> 02:40.201
Spot gave demonstrations to VIP guests.
The robot pup will be used for exterior quality
02:40.201 --> 02:44.671
inspection in the Meta plant's weld shop, and
Atlas, the electric humanoid robot,
02:44.841 --> 02:47.470
will also be deployed at the plant in the
future.
02:48.041 --> 02:50.720
I'm David Manti.
This is manufacturing now.