Smart Mobility

Hyundai CRADLE invests in MaaS company Migo

The investment expands Hyundai's existing portfolio of mobility and technology partners to further the development of innovations that will enhance the customer transportation experience.

Hyundai CRADLE has announced investment in Migo, a privately held Mobility-as-a-Service (MaaS) company based in Seattle. The investment expands Hyundai’s existing portfolio of mobility and technology partners to further the development of innovations that will enhance the customer transportation experience.

The company has developed an on-demand ride discovery application Migo, which is available for free download in the Apple App store that allows customers to discover and hail multiple modes of personal transportation without having to jump from one app to another.

Migo includes ride-share, car-share, bike-share, public transportation and more on a single platform to allow consumers to easily discover and hail the best option to help them get from A to B. The Migo app provides real-time pricing and wait times. Migo for iPhone is available in the U.S. and Canada and has been used in more than 75 cities including Seattle, Los Angeles, Chicago, New York, Toronto, Miami, Denver, Atlanta, Boston and more.

Earlier this year, strategic investments were made by Hyundai in other markets – Grab in Southeast Asia and Revv in India. Hyundai is focused on bolstering efforts around mobility freedom and evaluating all options that will expand its foothold in the mobility market. From technologies such as autonomous driving and artificial intelligence, to ride-sharing and things in between, Hyundai CRADLE is building a network of experts that will aid in the development of innovative mobility services.

Show More

Related Articles