Avride–Hyundai 100 Ioniq 5 deployment
Company: Nebius
What the later record shows
Partly delivered
In February 2026 Avride had 80 cars in service, scaled via Ioniq 5 vehicles. That is short of 100, and the April 2026 20-F still described the 100-vehicle deployment as upcoming 'in the near-term'.
“Avride’s partnership with Hyundai helps the team to meaningfully scale its fleet through Ioniq 5 vehicles, to service the demand garnered by the Uber partnership. Avride now has 80 cars in service”
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 expects to deploy 100 Hyundai Ioniq 5 SUVs retrofitted with its autonomous driving technology in 2025.
Source (primary)
nebius 8-K exhibit (tm2515580d1_ex99-3.htm) (SEC EDGAR (8-K Ex), press_release)
View cached copy (2026-10-14)Live source ↗
Quote: “100 Hyundai Ioniq 5 SUV, retrofitted with autonomous driving technology expected to be deployed this year”
How we checked this
Checked on October 16, 2026. The cited source supports every part of this claim.
The Avride slide lists the Hyundai partnership. It states that 100 retrofitted Ioniq 5 SUVs are expected to be deployed this year.
Confirmed in the source:
- Avride has a vehicle partnership with Hyundai
- 100 Hyundai Ioniq 5 SUVs retrofitted with autonomous driving technology are expected to be deployed this year (2025, per the May 2025 presentation)
What we did: Read our cached copy of SEC EDGAR (8-K Ex) (https://www.sec.gov/Archives/edgar/data/1513845/000110465925050975/tm2515580d1_ex99-3.htm) in full (12,863 characters, retrieved October 14, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms nebius 8-K exhibit (tm2515580d1_ex99-3.htm)
Quote: “100 Hyundai Ioniq 5 SUV, retrofitted with autonomous driving technology expected to be deployed this year”