Luokung Technology Corp., a leading spatial-temporal intelligent big data services company and provider of interactive location-based services (“LBS”) and high-definition maps (“HD Maps”) in China, announced that its operating affiliate eMapGo Technology (Beijing) Co., Ltd. (“EMG”), a leading provider of navigation and electronic map services in China, has signed an agreement to provide autonomous driving data services for Zenseact, a wholly owned subsidiary of Volvo Cars, the automotive division of the Swedish multinational manufacturing company, focusing on the development of autonomous driving and active safety software together with its lead customer Volvo Cars. As a next step, Zenseact intends to industrialize the autonomous driving platform and set real-life autonomous safety benchmarks to increase the reliability of its own products.
Top iTechnology AIOps News: Laiye Named a Customers’ Choice in 2021 Gartner Peer Insight (TM) ‘Voice of the Customer’ for RPA
EMG is China’s leading autonomous driving HD Maps service provider. The company led the development of the industry standard for “Autonomous Driving High-precision Map Collection Element Model and Interaction Format” and standards for “Technical Requirements of Automated Valet Parking Map and Localization” in China. EMG provides services such as mass production of autopilot high-precision maps, autopilot simulation testing, data collection and management for various automotive manufacturers and Tier 1 suppliers and serves several reputable customers such as Zenseact, Bosch, Continental, Audi, Ford, Volvo, Volkswagen, Geely, Hongqi, BAIC New Energy, among others.
Mr. Xuesong Song, Chairman and CEO, stated, “We are pleased to be partnering with Zenseact as their autonomous driving data services provider and look forward to working closely with their team in fulfilling their mission of creating a safe and reliable autonomous driving platform. We believe this agreement with Zenseact represents a tremendous opportunity for EMG’s business expansion as we look to establish new relationships with more partners around the globe.”
Top iTechnology SaaS News: Tech Mahindra Bets Big on Digitally Transforming Insurance Industry Acquires Com Tec Co IT Ltd
[To share your insights with us, please write to sghosh@martechseries.com]
