On Nov. 2, Navinfo released an announcement that the company had received an order from Daimler for an autonomous driving data management service platform for mass production vehicles.
It is reported that Navinfo will build and integrate systems for Daimler's autonomous driving platform in China, and will be responsible for the platform's data management services from November 2021 to November 2024, and provide data processing and other services through the platform for Daimler Group's mass-produced passenger vehicles sold in China from November 2021 to November 2024. The exact amount depends on Daimler Group's domestic sales of mass-produced passenger cars from November 2021 to November 2024.
Navinfo was founded on 2002-12-03 with a registered capital of 2.269 billion yuan, and its business scope includes the development of intelligent transportation, aerospace remote sensing, and geographic information systems. The company is held by China Navinfo Mapping Technology Co., Ltd. with 8.61%, Shenzhen Tencent Industrial Investment Fund Co., Ltd. with 4.59% and Hong Kong Securities Clearing Company Limited with 4.34%.
Navinfo Receives Order for Daimler's Automated Driving Data Management Service Platform