Amazon and Hyundai announce innovative partnership reshaping auto sales and connectivity

20/11/2023 News

In a strategic move unveiled at the Los Angeles Auto Show, Amazon and Hyundai Motor Company have announced a comprehensive partnership set to transform the automotive landscape. Amazon CEO Andy Jassy, highlighting Hyundai's innovation and shared dedication to customer well-being, revealed three pivotal components of the collaboration:

1) Amazon U.S. Store auto sales (2024)

Commencing in 2024, auto dealers will have the opportunity to sell vehicles on Amazon's U.S. platform. Hyundai leads the way as the inaugural brand, offering customers a streamlined online purchasing process and flexible delivery options. This move simplifies buying and provides dealers with a new avenue to showcase their inventory.

2) AWS-powered digital transformation

Hyundai's selection of Amazon Web Services (AWS) as its preferred cloud provider signifies a shift toward a data-driven approach. The multiyear agreement involves migrating on-premises applications, optimizing manufacturing and supply chain processes, bolstering security, and advancing connected vehicle development. AWS and Hyundai are collaborating on a Master Builder training program for Hyundai engineers to acquire essential cloud skills.

3) Alexa integration in next-gen Hyundai vehicles (2025)

Hyundai's upcoming vehicles, debuting in 2025, will feature improved responsiveness and interactivity with Alexa Built-in. Drivers can seamlessly integrate smart home experiences into their commute, accessing hands-free Alexa features for music, reminders, to-do lists, and more. The integration extends to controlling smart home devices on the go, offering unmatched convenience and connectivity.
Marty Mallick, Amazon's Vice President for Worldwide Business and Corporate Development, expressed enthusiasm for the collaboration during the announcement, emphasizing its commitment to enhancing customer experiences and supporting dealers with an efficient selling platform. José Muñoz, Hyundai's Global COO, highlighted the transformative journey ahead, anticipating a productive and enduring partnership with Amazon.

Related news & insights

Sustainability & Regulation
10/12/2023 News

Chubb's Methane Resource Hub: A pioneering move for climate action

In collaboration with the Environmental Defense Fund (EDF), this resource hub represents a crucial step in Chubb's commitment to reducing...

09/12/2023 News

Cover Whale unveils AI chatbot "Bob" for commercial trucking insurance

Bob enhances communication between agents and policyholders, significantly improving response times critical for Cover Whale's growth.

Open Finance
08/12/2023 Interview

NewTech Friday: Bizum – Real-time mobile payment solution from Spanish banks

Bizum is a leading Spanish instant payment service company. Its Business Development Manager Fernando Rodríguez Ferrer presents the company and...

Digital Reinvention
07/12/2023 Interview

Charting the future: Inside Allo Bank's vision for digital banking in Indonesia

Embark on a journey through the digital landscape of banking as we sit down exclusively with Indra Utoyo, the President...

Digital Reinvention
06/12/2023 Interview

Innovation unleashed: Navigating the future with Lloyd's Lab

Innovation lab, innovation center, whatever the name, companies need to centralize their innovation activities. But how do they operate effectively?...

06/12/2023 Video

Paradigm shift for motor insurers: Collaborations with OEMs

Markus Collet, Partner at CVA, faces the challenge of explaining, in less than 5 minutes, how insurers must comprehend the...

06/12/2023 News

NAVER Pay unveils "My Insurance Analysis" for independent peer-comparison of premiums

This feature, an upgrade from the previous "All-in-One Insurance Overview," allows users to independently assess their insurance needs with data-driven...

06/12/2023 News

ING unveils the "ING Network" – A new financial hub in Padua

ING Italy gears up to unveil its latest venture, the inaugural "ING Network" in Padua. This innovative financial store is...