Nexen Group Invests in U.S. Self-Driving Startup

Nexen Tire and Nexon Co., Ltd. announced on the 13th that they will invest in the U.S. self-driving startup “May Mobility” through Next Century Ventures, which has jointly invested in discovering new businesses in the group.

May Mobility, established in the U.S. in 2017, is a startup that provides self-driving public transportation and public shuttle services,

and provides public self-driving services by applying its own driving system to general vehicles (SUVs, shuttles, etc.). It is currently contracting and working with the Michigan and Indiana governments in the United States,

and is conducting demonstration projects in Higashi Hiroshima, Japan. An official from Next Century Ventures said,

“We decided to invest by highly evaluating the high growth outlook of the autonomous driving market and the technical stability of May Mobility.”