NavInfo secures autonomous driving service, mapping contracts from Volvo Cars
Beijing (Gasgoo)- China’s major navigation player NavInfo announced that the company had signed a service contract with Volvo Cars Technology (Shanghai) Co., Ltd. in regards to autonomous driving.
Photo credit: NavInfo
According to the announcement, NavInfo will perform environment constructions for Volvo Cars’ autonomous driving function verification platform and provide corresponding autonomous driving data collection, process, and services in the next three years.
The specific trade sum will depend on Volvo Cars’ sales performance of the corresponding vehicle models in China during the contracted period.
NavInfo believed that the agreement signifies Volvo Cars’ recognition of its achievements in the autonomous driving, intelligent connected services, and compliance data operation aspects.
Moreover, one of NavInfo’s subsidiaries, Nav2 (Shanghai) Co., Ltd., also secured a procurement contract with Volvo Cars for Nav2’s high-precision mapping services.
According to the company, Nav2 will provide its high-accuracy mapping products to Volvo Cars’ corresponding vehicles in the coming three years.
Notably, NavInfo has gradually signed several procurement agreements with major automakers across the world, including Volkswagen AG and Daimler. Earlier in November, Volvo Cars have signed a contract to purchase NavInfo’s V2X (vehicle to everything) related products.
The various orders from the automakers represent NavInfo’s success towards the new intelligent and autonomous transformations in the auto industry.
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