We're confident in our funding roadmap and are well positioned for the next phase of our commercialization. Our team is focused on scaling our driverless services, expanding Motional's commercial partnerships, and furthering development on Motional's next-generation robotaxi in collaboration with Kia." The layoffs come one month after automotive supplier Aptiv — the other half of a $4 billion joint venture with Hyundai that created Motional — said it would no longer allocate capital toward the endeavor. With Aptiv pulling out of future funding, Hyundai is left as the sole backer, unless Motional is able to court another company to fund its efforts. Motional is also exploring outside funding deals, according to one source. The company has previously said in internal meetings that it had enough runway to last through the end of Q1 2024.