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Hyundai's Motional names AI veteran Laura Major as CEO amid major US expansion drive

Hyundai's Motional names AI veteran Laura Major as CEO amid major US expansion drive

Time of India13-06-2025

Hyundai Motor Group announced the official appointment of robotics and artificial intelligence expert Laura Major as President and CEO of Motional, its autonomous driving joint venture based in the United States. Major, who had been serving as interim CEO since September 2024, was unanimously confirmed by Motional's board, the South Korean automotive giant said Friday, reports IANS.
The leadership update comes amid a sweeping investment push by Hyundai Motor Group in the US economy. The company recently pledged $21 billion in US investments through 2028, including $8.6 billion for the automotive sector and $6.3 billion in future technologies such as AI and energy, as part of a broader effort to localise manufacturing and innovation.
Hyundai Motor Group Executive Chair Euisun Chung made the announcement earlier this month alongside US President Donald Trump and Louisiana Governor Jeff Landry, underlining the strategic alignment of the company's American expansion with rising domestic manufacturing priorities.
Motional said Major's appointment comes at a critical juncture, as the company ramps up AI development efforts ahead of its planned commercial launch of autonomous driving services in 2026.
'In partnership with Hyundai, we're bringing embodied AI to transportation and introducing significant societal benefits,' Major said in a statement. 'Leveraging our deep expertise in building fully driverless systems and our agility in realizing the latest AI breakthroughs, we are strongly positioned to unlock a future where safe autonomous vehicles are a practical part of daily life.'
Past experience
A founding executive at Motional, Major previously served as its Chief Technology Officer (CTO), where she spearheaded the development of the Ioniq 5 robotaxi. The fully driverless vehicle is among the first in the world to receive certification under US Federal Motor Vehicle Safety Standards (FMVSS), marking a significant milestone in the commercialisation of autonomous mobility.
Before joining Motional, Major held senior leadership roles at Draper Laboratory and drone-tech firm Aria Insight, where she contributed to AI and autonomy projects for national security and spaceflight applications.
With Major now at the helm, Motional is expected to play a central role in Hyundai's vision for next-generation mobility and AI-led transport infrastructure in North America.

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Butterfly effect: Flutter of jobs, migration & oil
Butterfly effect: Flutter of jobs, migration & oil

Time of India

time2 hours ago

  • Time of India

Butterfly effect: Flutter of jobs, migration & oil

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Summons sent to lawyer for his role as co's ind dir: ED
Summons sent to lawyer for his role as co's ind dir: ED

Time of India

time2 hours ago

  • Time of India

Summons sent to lawyer for his role as co's ind dir: ED

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‘Great day for Africa': Trump administration brokers Congo-Rwanda treaty to end mineral war; US President says he deserves Nobel Peace Prize
‘Great day for Africa': Trump administration brokers Congo-Rwanda treaty to end mineral war; US President says he deserves Nobel Peace Prize

Time of India

time4 hours ago

  • Time of India

‘Great day for Africa': Trump administration brokers Congo-Rwanda treaty to end mineral war; US President says he deserves Nobel Peace Prize

In what he called 'a Great Day for Africa,' US President Donald Trump on Friday announced on Truth Social that his administration, with Secretary of State Marco Rubio, has successfully brokered a peace agreement between the Democratic Republic of the Congo (DRC) and Rwanda. The treaty is aimed at ending one of Africa's deadliest and longest-running conflicts and is due to be formally signed in Washington on June 27. 'I am very happy to report that I have arranged, along with Secretary of State Marco Rubio, a wonderful Treaty between the Democratic Republic of the Congo, and the Republic of Rwanda, in their War, which was known for violent bloodshed and death, more so even than most other Wars,' Trump wrote. 'This is a Great Day for Africa and, quite frankly, a Great Day for the World!' The announcement follows three days of closed-door talks in Washington between representatives of the two nations. The conflict is centred in the mineral-rich eastern provinces of the DRC and has claimed over six million lives over the past three decades. The turmoil is fuelled by competition for control over valuable resources such as coltan, cobalt, lithium, and gold. The peace deal was initiated at the invitation of DRC President Félix Tshisekedi, who requested Trump's administration to step in after multiple failed attempts at reconciliation, reports CBS News. According to the US State Department, the agreement includes commitments to halt hostilities, respect territorial boundaries, disarm rebel groups, facilitate the return of displaced persons, and integrate local economies. 'Transactional diplomacy' While many welcome the potential end to hostilities, analysts remain cautious. Daniel Van Dalen, a senior analyst at Signal Risk, an Africa-focused intelligence firm, noted that the deal marks a shift in American strategy on the continent. 'The days of diplomatic soft power are over,' he said. 'This is transactional diplomacy at work.' One major concern is the M23 militia, which controls parts of eastern DRC but was not part of the peace talks. The group is believed to be supported by Rwanda, although Rwandan officials have always denied this. M23 has recently taken over areas in two provinces. 'The M23 are still pushing, in spite of peace negotiations, for territorial gains,' Van Dalen warned. Sources told CBS News that Rwanda may agree to withdraw troops believed to be supporting M23 fighters, while the DRC might allow small-scale mining in its territory to be routed through Rwanda. However, without M23's direct involvement or commitment, observers worry that the conflict may simply continue under new terms. Tiffany Trump's father-in-law appointed as senior adviser to the White House Amid the negotiations, Tiffany Trump's father-in-law, Massad Boulous, was appointed as a senior adviser to the White House on Africa. He travelled across the region to meet with leaders and promote US business ties, especially in mining. The Trump administration is reportedly looking to re-establish American interests in Africa's critical mineral supply chain, where Chinese firms currently dominate. The DRC has begun revisiting mining tax laws to make the country more appealing to Western investment. The US has already committed substantial funding to infrastructure, including $560 million towards the Lobito Corridor, a rail project that connects the DRC's copper belt to an Angolan port, offering a vital trade route. 'I won't get a Nobel Peace Prize for this': Trump Even though some people doubt whether the treaty will really work, Trump used the moment to point out what he sees as his ignored efforts to bring peace around the world. 'I won't get a Nobel Peace Prize for this… but the people know, and that's all that matters to me!' he said on Truth Social, also referencing previous efforts to resolve conflicts between India and Pakistan, Serbia and Kosovo, and Egypt and Ethiopia, as well as the Abraham Accords in the Middle East.

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