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NavInfo nears final stage of acquiring PhiGent Robotics to acceleratemid-to-high level intelligent driving strategy
NavInfo, a leading Chinese digital mapping company, is finalizing its acquisition of autonomous driving firm PhiGent Robotics to enhance its intelligent driving capabilities, leveraging PhiGent's mass production strength and innovative solutions like NOA, set for mass production later this year.
Key points
- NavInfo is strategically shifting to become a Tier 1 supplier in intelligent driving.
- The acquisition of PhiGent Robotics is aimed at enhancing R&D in mid-to-high level intelligent driving.
- PhiGent Robotics specializes in full-stack production capabilities using Horizon’s J6E/M chips.
- The flagship NOA solution is anticipated to start mass production in Q4 2023.
- The merger will aid NavInfo in delivering comprehensive solutions combining maps, chips, and algorithms.
Why it matters
- This acquisition aligns with the growing trend of tech convergence in the automotive industry, particularly in autonomous driving.
- By 2025, AI and machine learning will increasingly influence driver assistance technologies.
- NavInfo's move exemplifies the broader competitive landscape in the Chinese smart transportation market.
The acquisition of PhiGent Robotics represents a pivotal step for NavInfo in solidifying its position in the intelligent driving sector, crucial for advancing the integration of technology in transportation.