Doha: 42dot, Hyundai Motor Group’s global software research startup, announced that it has signed a memorandum of understanding (MOU) with Qatar-based investment firm Protocol Capital Group to collaborate on developing a smart city project in the Middle Eastern country.
According to Lao News Agency, the MOU outlines plans for both companies to introduce smart city solutions and robotaxi services in downtown Doha, Qatar. This partnership aims to advance a mobility-driven smart city concept, leveraging 42dot’s expertise in autonomous driving technologies.
As part of the agreement, 42dot will deliver mobility services by operating and maintaining robotaxi services and vehicle control solutions based on autonomous driving. Additionally, the company will manage, integrate, and analyze urban mobility data to enhance the project’s effectiveness.
The collaboration is aligned with Qatar’s National Vision 2030, a strategic initiative by the state to transform the nation into a smart city by the year 2030. The two companies have plans to expand their cooperation gradually to support this vision.
“This collaboration will be an opportunity to expand 42dot’s technology and innovation on a global scale,” stated 42dot CEO Song Chang-hyeon. “Together with Protocol Capital Group, we will lead the global smart city model and set new standards for future cities.”
