Layoff
Mar 2024Approximately 5% workforce reduction preceded a broader restructuring.
SourceCompany research
Public company, workplace, funding, and market signals
Updated Aug 5, 2026
Overview
Motional is a Hyundai-majority autonomous-vehicle company formed in 2020 as a $4 billion Hyundai Motor Group–Aptiv joint venture. It develops Level 4 driverless systems and all-electric Hyundai IONIQ 5 robotaxis for ride-hailing and on-demand delivery. The company is headquartered in Boston, operates in the United States and Singapore, and is pursuing a commercial driverless launch in 2026 after a major 2024 restructuring.
Primary product
Level 4 autonomous-driving technology and all-electric Hyundai IONIQ 5 robotaxis for ride-hail and on-demand delivery.
Founded
2020
Headquarters
Boston, Massachusetts, United States
Team size
Approximately 600–800; public estimates vary, and TechCrunch reported fewer than 600 after 2024 restructuring
Work style
Flexible
Industry
Software development / automotive technology
Sub-industry
Autonomous vehicles, robotaxis and mobility technology
Offices
Boston, Massachusetts, United States (headquarters)
Pittsburgh, Pennsylvania, United States
Las Vegas, Nevada, United States
Singapore
Business model
B2B autonomous-mobility platform
Partnership-based robotaxi service integrated into ride-hailing networks
Autonomous on-demand delivery
Potential licensing/integration of Level 4 technology with OEMs and mobility operators
Funding
Stage
Late-stage/private; generating revenue; described by PitchBook as Series B
Latest round
Series B · Aug 2025
Latest amount
$453M
Aug 2025
May 2024 · Hyundai Motor Group
People & investors
Leadership
President and Chief Executive Officer
Daekwon Ko
Chief Financial Officer
Kitae Kim
Chief Strategy Officer
Phil Michel
Senior Vice President, Autonomy & AI
Jaclyn Tomlinson
Senior Vice President, People
David Carroll
Vice President of Commercialization
Adam Griffin
Vice President of Operations and Head of Safety
Dave Schwanky
Vice President of Software
Len Ho
Work & culture
Mission- and safety-led autonomous-vehicle engineering culture emphasizing robotics, machine learning, software, hardware, collaboration, diversity and commercialization; recruiting language describes a mature “scale up” environment rather than an early startup.
Work style
Flexible
Visa sponsorship
Limited
Compensation
Public job postings show base-salary examples of approximately $159,000–$207,000 for a senior software role and $200,000–$275,000 for a principal embedded-software role, plus possible bonus and equity; exact packages vary by role and location.
Benefits
Medical, dental and vision insurance
401(k) with company match; some postings cite up to 7.5% match
Health savings accounts
Life insurance
Pet insurance
Commuter and fitness benefits
Unlimited sick and vacation time cited in recruiting materials
Fertility/IVF assistance cited in recruiting materials
Product & market
Pricing
No public consumer price list identified. The apparent model is partner-based B2B service/integration, with rides booked through partner apps such as Uber and Lyft; pricing is likely negotiated with mobility partners.
Differentiators
- —Level 4 autonomous-driving focus
- —All-electric Hyundai IONIQ 5 robotaxi
- —Deep integration with Hyundai vehicle manufacturing and Aptiv automotive technology
- —Real-time command-center oversight and remote assistance
- —B2B integration into existing ride-hailing and delivery networks
- —More than 130,000 autonomous rides conducted through partners
Technology
Level 4 autonomous driving
Neural-network/AI-first autonomy stack
Machine learning and perception
Scale & contact
Estimated revenue
Approximately $60M–$70M (third-party estimate; not company-reported)
Signals & risks
Shutdown
May 2024Commercial operations were paused; robotaxi launch was delayed to 2026 and Santa Monica Uber Eats deliveries ended.
SourceLayoff
May 2024About 550 employees, roughly 40% of the workforce, were laid off; Milpitas and Venice offices were wound down.
Latest news
TechCrunch · Mar 2026
Motional robotaxis became available through Uber in limited Las Vegas areas, initially with a safety operator; the companies targeted fully driverless service by year-end 2026.
TechCrunch · Jan 2026
Motional described an AI-first reboot of its autonomous-driving stack and a plan for commercial driverless service in Las Vegas by the end of 2026; headcount had fallen below 600 after restructuring.
Motional · Sep 2024
Karl Iagnemma transitioned from CEO to Senior Strategy Advisor; Laura Major took the expanded CEO/CTO role, later becoming President and CEO.
TechCrunch · May 2024
About 550 employees, approximately 40% of the workforce, were laid off; the Milpitas and Venice offices were being wound down.
Open Positions
79 jobs at Motional
Senior Technical Program Manager
Remote
CTO
Boston, Massachusetts, United States; Pittsburgh, Pennsylvania, United States; Remote U.S.
Today
Remote
Full-time