Hyundai CRADLE, Hyundai Motor’s corporate venturing and open innovation business, is investing in Netradyne, a U.S. based intelligent technology company specialising in fleet safety management software. The partnership will support further development of Level 3+ Advanced Driver Assistance Systems (L3+ ADAS) and Autonomous Driving (AD) features that may launch over the next few years.
Netradyne uses artificial intelligence (AI) vision-based dashcam devices to monitor safety performance of fleet vehicles. Netradyne’s system may also crowdsource road and driving behaviour metadata.
With this agreement, Hyundai and Netradyne will collaborate to use the road and driving behaviour data collected by Netradyne to support HD mapping and map updates for Hyundai’s development of future L3+ ADAS and AD features.
Netradyne has already captured and analysed more than 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.
In total, Netradyne has analysed more than 350 million miles of road data.
“Netradyne has advanced vision-based and AI driven technology for managing the safety of drivers and fleets,” said John Suh, Vice President of Hyundai CRADLE. “These systems can be leveraged as a reliable, high-quality crowdsourcing platform to support updating HD maps at a frequency high enough to support L3 autonomous vehicles.”
This announcement follows an earlier announcement that Hyundai Motor Group and Aptiv, an industry-leading mobility solutions technology company, formed an autonomous driving joint venture to advance the design, development and commercialisation of SAE Level 4 and 5 autonomous technologies.