Hyundai Motor’s corporate venturing and open innovation business, Hyundai CRADLE recently announced that it is investing in Netradyne, a U.S. based intelligent technology company specializing in fleet safety management software.
Netradyne uses artificial intelligence (AI) vision-based dashcam devices to monitor safety performance of fleet vehicles. Its system may also crowdsource road and driving behavior metadata.
With this agreement, Hyundai and Netradyne will collaborate to utilize the road and driving behavior data collected by Netradyne to support HD mapping and map updates for Hyundai’s development of future L3+ ADAS and AD features.
The costs associated with outfitting traditional mobile mapping system (MMS) vehicles, which are currently employed for HD mapping, make it challenging for many OEMs to place enough MMS vehicles on the road to provide the necessary frequency of HD mapping updates. However, according to Netradyne, its devices are more cost-efficient and are currently equipped to numerous vehicle fleets throughout the country, potentially enabling more frequent, high quality HD map updates.
Netradyne claims it has already captured and analyzed over 1 million unique miles of the 2.7 million total miles of paved roads in the United States. This data includes numerous passes over the same roads to provide deeper insights into how driving and road different conditions may change throughout the year.
This announcement follows Hyundai forming with Aptiv, an autonomous driving joint venture to advance the design, development and commercialization of SAE Level 4 and 5 autonomous technologies.
Source: Press Release