BMW, NavInfo extend cooperation to telematics location platform
Shanghai (Gasgoo)- BMW and Chinese mapping provider NavInfo recently entered into a TLP (Telematics Location Platform) framework agreement, NavInfo said on September 20, a new field of cooperation closely following the connected navigation services both parties agreed in August.
(Photo source: NavInfo)
Based on the TLP platform, NavInfo will integrate, analyze and process the location-related data collected by BMW-owned vehicles that is and will be mass produced and sold between 2019 and 2024 in China, including locally-produced and imported vehicles under brands of BMW, Mini and Rolls-Royce, etc., according to the latest announcement.
Meanwhile, the service's sales value will depend on the data volume generated by the aforesaid cars during the approved period.
The newly-signed agreement will help the Beijing-based company further consolidate its leading position in ICV (Intelligent-connected vehicle)-related location-based service domain, said NavInfo. Moreover, more projects will be implemented by virtue of driving forces from industrial leading customers and the company's profitability and sales performance are expected to be continuously enhanced.
This was the third-time collaboration between BMW and NavInfo. On August 22, 2019, NavInfo announced it had inked a CNS (Connected Navigation Service) agreement with the German auto giant.
In accordance with the deal, the mapping service provider would offer CNS-related services, involving dynamic traffic information, route planning and the calculation of an EV's remaining range, to BMW's vehicles to be sold in China from 2021 to 2025.
Additionally, both parties also struck a deal on HD (high-definition) map in July, 2019. The cooperation enabled NavInfo to provide BMW's China branch with HD map service for autonomous vehicles, marking a great step for the German automaker's path towards autonomous driving in China.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com