NavInfo signed a service agreement with Volvo Cars for autonomous driving

NavInfo announced that recently, the company signed a service agreement with Volvo Cars related to autonomous driving. In the next three years, the company will build an environment for Volvo Cars' autonomous driving function development and verification platform, and provide it with collection, processing and compliance services for autonomous driving-related data. The exact amount depends on the domestic sales of volvo cars that are mass-produced during the above period.

NavInfo said in the announcement that the signing of this agreement is volvo Cars' recognition of the company's comprehensive strength in the field of automatic driving, such as its technical advantages, intelligent network service capabilities and data compliance operation capabilities, and is the result of the company's continuous accumulation and gradual results in the field of automatic driving technology, products, market expansion and other aspects in recent years, which will further enhance the company's business expansion in the field of automatic driving, and can also help Volvo Cars better cope with the huge opportunities in the domestic market for autonomous driving.

Founded in 2002, NavInfo has developed over more than 10 years, covering navigation maps, navigation software, dynamic traffic information, location big data, and customized vehicle networking solutions for passenger cars and commercial vehicles. At present, the company is committed to creating a "smart car brain" and empowering smart travel with core businesses such as high-precision maps, high-precision positioning, cloud service platforms, and vehicle-grade chips applied to ADAS and autonomous driving.