The goal of the AV foundry business is to provide vehicles that have already been engineered and validated for AV deployment to the companies developing the automated driving systems. For Hyundai, this is likely a very smart move.

Robotaxi firm Waymo will build its self-driving tech into the Ioniq 5. But what about its relationship with Chinese automaker Zeekr?

Waymo's Ioniq 5s will be made in the USA. The highly rated EV is going into production at Hyundai's new factory in Georgia shortly and from there will be upfitted with Waymo's hardware and software at a facility in Mesa, Arizona, operated in conjunction with the tier 1 supplier Magna International.