Former Baidu driverless vehicle project director’s startup cooperates with Navinfo in automatic driving services

Shanghai (Gasgoo)- Recently, HoloMatic and Navinfo announced their strategic cooperation relationship. Ni Kai, founder of HoloMatic, Cheng Peng, CEO of NAVINFO, and other leaders from both sides attended the signing ceremony. In the future, the two sides will cooperate in the development of innovative automatic driving services and map-related products as well as other derivative services at home and abroad. A week ago, HoloMatic announced that it had completed a $ 10 million level of angel financing, invested by IDG and Navinfo. Navinfo focus on the development of Level 3.5 automatic driving technology. 

Ni Kai said that HoloMatic is positioned to develop Level 4 automatic driving solutions, and then apply the technology as Level 3 system, which is under a higher security standard and is suitable for mass production at the same time. High-precision map plays a vital role in China's special road and policy environment. HoloMatic hopes to speed up the technology’s landing with the cooperation with Navinfo, forming technical strength with data advantages.

Investing in HoloMatic is a move of Navinfo’s stepping into intelligent driving. Before this, Navinfo has started the R&D of automatic driving system and high-precision map applications. Cheng Peng said that HoloMatic is the only automatic driving technology company that they invested and that they will support HoloMatic from a number of aspects.

HoloMatic is focusing on developing L3.5 automatic driving solutions based on cutting-edge artificial intelligence technology and the automotive industry technology. Based on its own R & D platform, HoloMatic has entered the phase of real road test.