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NavInfo secures navigation map contract with Daimler
Automotive News China | 2018/8/31

Beijing NavInfo Technology Co., a leading Chinese navigation mapping provider, has become the exclusive navigation mapping services provider for Daimler in China.

Under a seven-year pact, it will supply navigation mapping services as well as data products featured in Daimler¡¯s Advanced Driver Assistance System and equipped in all passenger vehicles the German automaker will introduce in China from 2020 to 2024, NavInfo said this week.

NavInfo started providing mapping data for the Advanced Driver Assistance System in a small number of Mercedes-Benz cars in 2012. 

Currently, it also supplies navigation mapping services to global automakers including BMW AG, the Volkswagen Group, General Motors, Volvo Car Corp., Toyota Motor Corp., Nissan Motor Co. and PSA Peugeot Citroen in China, as well as several domestic carmakers such as SAIC Motor Corp., Great Wall Motor Co. and Chery Automobile Co.

Early this year, NavInfo formed a partnership with Mobileye, the Intel-owned producer of obstacle detection software, to create high-definition maps by using data uploaded from vehicles equipped with Mobileye cameras and software.

Last year, the company joined with Chinese Internet giant Tencent and Singapore sovereign wealth fund GIC in a bid to purchase a 10 percent stake in mapmaker Here International, based in Amsterdam, the world¡¯s top producer of automotive navigation maps. But the bid was vetoed by U.S. authorities.

NavInfo is headquartered in the Chinese capital of Beijing and listed on the Shenzhen stock exchange. 

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