Hyundai is investing into Netradyne, a US-based intelligent technology company specializing in fleet safety management software, the South Korean auto manufacturer's corporate venturing and open innovation business, Hyundai Cradle has announced in a release.
As it seems, Hyundai is ramping up its development of self-driving technology and autonomous vehicles.
Just a few days back, Hyundai announced a partnership with Aptiv, an autonomous driving JV to advance the design, development and commercialization of SAE Level 4 and 5 self-driving technologies.
As the release claims, Netradyne uses artificial intelligence vision-based dashcam devices to monitor the safety performance of fleet vehicles.
Under the new agreement, Hyundai and Netradyne will join hands to utilize the road and driving behaviour data collected by the tech firm that will support HD mapping, which is expected to help the automaker 's future development of L3+ ADAS and AD features.
As Netradyne claims, its devices are more cost-efficient and are currently equipped to numerous vehicle fleets. The company also says that it has already captured and analyzed more than 1 million unique miles of the 2.7 million total miles of paved roads in the United States.