Shulou(Shulou.com)11/24 Report--

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com February 16 news, Siwei Tuxin issued an announcement on February 14, signing a license agreement with BMW (China) Automobile Trading Co., Ltd. (hereinafter referred to as "BMW").

Siwei Tuxin will provide products and services such as ADAS (advanced driving assistance system) maps, HD (high precision) maps and LBS (location-based services) for BMW's next-generation self-driving functions in the Chinese market, the announcement said.

The specific sales volume and sales amount depend on the number of BMW brand cars with auxiliary self-driving functions regulated by the BMW Group.

According to the data, Siwei Tuxin is the pioneer of China's navigation map industry. After more than a decade of innovation and development, Siwei Tuxin has become a leader in navigation maps, navigation software, dynamic traffic information, location big data, and customized vehicle networking solutions for passenger and commercial vehicles. Today, Siwei Tuxin greets the advent of the "new four modernizations" era with a comprehensive technology development strategy, devoting itself to creating a "smart car brain" with core businesses such as high-precision maps, high-precision positioning, cloud service platforms, and car specification-level chips used in ADAS and self-driving, enabling smart travel, contributing to a better life, and becoming a more reliable intelligent travel technology company in the Chinese market and even around the world.

According to a report released by IDC at the end of last year, Siwei Tuxin ranks second among the providers of high-precision mapping solutions in the domestic market.

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