Hyundai CRADLE, Hyundai Motor Company’s corporate venturing and open innovation business, announced it is investing in Netradyne, a U.S. based intelligent technology company specializing in fleet safety management software. The partnership supports 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 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, Netradyne’s 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 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.
In total, Netradyne has analyzed more than 350 million miles of road data. Each of these 350+ million miles has been analyzed with AI and collected by professional drivers.
