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Hyundai Motor invests in Israeli tech startup MDGo

All Headlines 09:56 June 10, 2019

SEOUL, June 10 (Yonhap) -- Hyundai Motor Co., South Korea's largest carmaker by sales, said Monday it will invest in Israeli technology startup MDGo to develop vehicles that automatically call an ambulance in the case of car accidents.

Hyundai Motor's investment centers on embedding the Israel firm's advanced technologies in its next-generation vehicles, the company said in a statement. But it didn't provide details about the value of the deal.

MDGo, Israel's national EMS service and tech startup, has developed a new technology that automatically notifies dispatchers of car accidents and calls for an ambulance. The vehicle with the technology automatically also reports the exact location as well as the specifics of driver and passenger injuries.

Using a sophisticated algorithm, MDGo's system determines the nature of an accident. It analyzes the speed and severity of the impact, the type of collision, the extent of driver and passenger injuries expected and whether the vehicle is rolled or not, the statement said.

This graphic image illustrates how MDGo's system works. (PHOTO NOT FOR SALE) (Yonhap)

kyongae.choi@yna.co.kr
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