NavInfo lands LBS order from Ford Motor
Beijing (Gasgoo)- China’s navigation giant, NavInfo, announced that it had received a procurement order from Ford Motor for its Location Based Services (LBS).
Photo credit: NavInfo
The deal specifies that during next year, the two companies will co-establish a compliant LBS platform dedicated to future intelligent connected vehicles, elevating Ford Motor’s lawful vehicle location data utilization. The partners aim to improve the function application situation of intelligent connected vehicles, leading the industry by example.
The specific trade sum is inclusive of the development fee and will be based on software development volume and cloud resource demand.
NavInfo believed that with the ongoing transformation of vehicle intelligence, automotive data security is a growing issue that must be addressed. This year, local authorities in charge have successively released corresponding regulations and provisions regarding data security on vehicles.
Under the premise, Ford Motor continued to layout in the data compliance area. Building on NavInfo’s prime quality and capabilities, the two partners will conduct LBS-related application, data analysis, and model training to build a comprehensive closed-loop of data collection, transmission, storage, application, and service. The closed-loop will, in turn, feed back to the partners’ application capabilities, providing users with iterative and quality services.
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