Author: Tronserve admin
Wednesday 28th July 2021 06:24 AM
Hyundai Motor Teams Up With US ADAS Solution Developer Netradyne
Hyundai CRADLE, Hyundai Motor Company’s open innovation center in the U.S. is investing in Netradyne, a U.S.-based technology company emphasizing in vehicle safety management solution.
Netradyne started in 2015 has developed driving technology solutions by leveraging artificial intelligence and big data analytics. Its focus is to construct a system to manage the overall autonomous driving with image recognition technology to screen drivers and road conditions.
The latest agreement follows Hyundai Motor Group’s partnership with Aptiv to form a $4 billion autonomous driving joint venture to build a production-ready autonomous driving platform. With this agreement, Hyundai and Netradyne will team up to develop Level 3+ advanced driver assistance systems (ADAS) and autonomous driving solutions.
Netradyne has already recorded 3.5 million miles of paved roads in the U.S. through AI and professional drivers. The data includes various passes over the same roads to provide more insights for further development of autonomous vehicles, according to Hyundai Motor Group.
Netradyne’s technology will also support Hyundai’s formation of Level 4+ self-driving cars that can drive without any human interaction. Hyundai Motor Group is also envisioned to develop a high precision map for self-driving vehicles.
Global market research firm IHS Markit predicts that 33.7 million autonomous vehicles will be sold every year worldwide by 2040. Hyundai Motor Group is pursuing commercialization of Level 4 autonomous driving systems in limited areas such as state-designated smart cities by 2021.
Hyundai Motor Group already acquired a license to test run its autonomous driving cars on expressways in Nevada in December 2015. It also came to be the first to obtain a license to test autonomous driving in Korea in March 2016.