Avride-Hyundai AV platform; 100 Ioniq vehicles in 2025
Company: Nebius
What the later record shows
The date slipped
In February 2026 Avride had only 80 cars in service. The April 2026 20-F still describes deploying 100 Ioniq 5 vehicles as a near-term plan, so the 2025 target was not met.
“Avride now has 80 cars in service and plans to grow this fleet substantially in 2026.”
2026-02-11 · nebius 8-K exhibit (tm266173d1_ex99-2.htm) View cached copy (2026-09-13)Live source ↗
“Avride will initially deploy 100 Hyundai Ioniq 5 SUVs retrofitted with autonomous driving technology in the near-term, with plans for further fleet expansion.”
2026-04-29 · Nebius 20-F filed 2026-04-30 View cached copy (2026-08-31)Live source ↗
Checked October 14, 2026 against filings, releases and reporting published after the claim was made. Quotes are verbatim from the linked documents.
The claim, verbatim
Avride partnered with Hyundai to co-develop an autonomous vehicle platform, with 100 Ioniq vehicles to be added to its fleet in 2025.
Source (primary)
nebius 8-K exhibit (tm2515580d1_ex99-2.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-14)Live source ↗
Quote: “starting with the addition of 100 Ioniq vehicles in 2025”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The document describes the Avride-Hyundai co-development partnership. It also says the partnership provides a path to scale Avride's fleet, starting with 100 Ioniq vehicles in 2025.
Confirmed in the source:
- Avride partnered with Hyundai to co-develop a full autonomous vehicle platform.
- Through the partnership, 100 Ioniq vehicles are to be added to Avride's AV fleet in 2025.
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925050975/tm2515580d1_ex99-2.htm) in full (27,136 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2515580d1_ex99-2.htm)
Quote: “starting with the addition of 100 Ioniq vehicles in 2025”
delays Nebius 20-F filed 2026-04-30
Quote: “Avride will initially deploy 100 Hyundai Ioniq 5 SUVs retrofitted with autonomous driving technology in the near-term, with plans for further fleet expansion.”
delays nebius 8-K exhibit (tm266173d1_ex99-2.htm)
Quote: “Avride now has 80 cars in service and plans to grow this fleet substantially in 2026.”