Lotte Rental announced on the 9th that it will invest 25 billion won in mobility technology company 42dot. The two companies plan to jointly pursue the future mobility business.
42dot is a mobility technology company that is researching and developing autonomous driving technology at the level of autonomous driving level 4 (highly autonomous driving).
In October last year, it was selected as a mobility solution provider in the nation's first Sejong Smart City national pilot city.
Lotte Rental plans to test-run autonomous vehicles in the Jeju area with Fortitudot in the second half of this year. Next year, the company plans to launch an electric car car sharing sub-brand and launch a cargo platform using autonomous driving technology and electric vehicles in the long run to build an integrated mobility platform.
Earlier in April, Lotte Rental signed a business agreement with LG Energy Solution to find new electric vehicle-based mobility and battery service businesses.
Reporter Lee Ji-sun stockmk2020@gmail.com