Tier IV has been selected to carry out a key autonomous driving project under the New Energy and Industrial Technology Development Organization (NEDO).
Valued at approximately $9.5 million (¥1.5 billion), the project will see Tier IV develop a data integration platform aggregating data from roadside cameras and LiDAR. The initiative is part of a wider effort to develop infrastructure for the digital transformation of industries, through which the autonomous software company will establish a framework for data integration aimed at accelerating the development and deployment of autonomous driving.
Here, Tier IV will develop a platform to collect data from roadside cameras and LiDAR, aiming to improve traffic flow and safety in environments where autonomous vehicles share the road with passenger vehicles. This initiative is expected to reduce the cost of developing autonomous vehicles and expedite the deployment of safe and efficient mobility services. By enabling multiple systems operated by different companies to connect to the same infrastructure, Tier IV expects the platform to facilitate seamless and efficient operations.
Through this project, Tier IV will ultimately look to contribute to the Japanese government’s goal to deploy L4 autonomous driving systems in 50 locations by 2025, and over 100 by 2027. The initiative likewise underscores the company’s ongoing commitment to accelerating the deployment of autonomous driving, and addressing regional public transportation challenges such as driver shortages.
