Hyundai Motor Group is considering deploying the four-legged, dog-like robot developed by Boston Dynamics Inc. dubbed Spot as a facility safety inspector and security guard in its production lines.
This was revealed by Boston Dynamics CEO Robert Playter.
Hyundai is also seeking to use Boston Dynamics' box-handling robot Stretch, which will be commercially available from next year.
Hyundai Motor has an 80 percent stake in Boston Dynamics, which it acquired from Japan’s SoftBank Group for $880 million in December.
The company's chairman Chung Euisun purchased the remaining 20 percent stake with his own $206 million.
Since the Boston Dynamics acquisition, Hyundai has increasingly been seeking to deploy robots in smart factories and last-mile product delivery, while utilizing the US firm's technology to its urban air mobility (UAM) and autonomous driving and projects.
Meanwhile, Boston Dynamics is using Hyundai Motor's technologies to cut its production costs and upgrade quality.
Playter noted that Boston Dynamics would soon reach a breakeven point and become profitable next year, for the first time in its 30-year history, with its newest robot Stretch becoming commercially available.
It is also seeking to lower its robot prices and may offer robot rental services. Spot costs $74,500.


SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform
U.S. Dollar Slides for Third Straight Week as Rate Cut Expectations Boost Euro and Pound
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide
Mexico Moves to Increase Tariffs on Asian Imports to Protect Domestic Industries
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case
Russia Stocks End Flat as Energy and Retail Shares Show Mixed Performance
JD.com Pledges 22 Billion Yuan Housing Support for Couriers as China’s Instant Retail Competition Heats Up
Coca-Cola’s Proposed Sale of Costa Coffee Faces Uncertainty Amid Price Dispute
Coca-Cola’s Costa Coffee Sale Faces Uncertainty as Talks With TDR Capital Hit Snag
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally
Asian Stocks Rally as Tech Rebounds, China Lags on Nvidia Competition Concerns
United Airlines Tokyo-Bound Flight Returns to Dulles After Engine Failure
ASX Shares Slide After ASIC Imposes A$150 Million Capital Requirement 



