Horizon Robotics and Continental Sign MoU in the Field of Intelligent Driving
The AI solution provider Horizon Robotics and the technology company Continental have signed a MoU. The two parties will carry out in-depth cooperation in the fields of Advanced Driver Assistance Systems and Autonomous Driving applications with a focus on the Chinese market.
According to the agreement, Horizon Robotics will bring its core competency in automotive-grade AI processors and artificial intelligence algorithms into the cooperation with Continental, and both parties will jointly create innovative and industry-leading intelligent driving solutions, contributing to the innovation of automotive industry worldwide and embracing the coming era of smart vehicles.
Frank Petznick, Executive Vice President of the Advanced Driver Assistance Systems business unit at Continental, said:” Continental is committed to advanced automotive technologies to provide the affordable, safe and comfortable driving experience to customers. We are pleased to cooperate with Horizon Robotics, a pioneer in developing software & hardware co-designed edge AI solutions for computer vision purposes in ADAS and Autonomous Driving areas, with a high degree of specialization in Chinese scenarios. By integrating Horizon’s SoC incl. AI empowered detection software into certain ADAS product lines, the new systems will be characterized by well-known German-engineering quality standards combined with best-in-class vision performance for Chinese roads in spite of its low energy consumption and affordable price. This combination enables us to fulfill the goals of the future driving experience as mentioned above.”
Enno Tang, President and CEO of Continental China, said:” China is the largest automotive market in the world in terms of share of production and sales volume, and its demand for intelligent and connectivity technology is growing rapidly. Continental attaches great importance to its local research and development activities complying with ‘In the Market, For the Market’ in China. Horizon’s automotive grade Journey™️ processors have been verified by the market with proven mass production capabilities. Thus, we believe that both parties can work together to create high-performance, high-quality and safe intelligent driving solutions for driving scenarios in China.”
Kai Yu, founder and CEO of Horizon Robotics said: “Continental is a world-leading automotive technology company with a long history of deep industry experience. It is of great importance for Horizon Robotics to form the cooperation with Continental to jointly promote AI solutions in the field of intelligent driving, which is conducive to jointly accelerating the development and mass production of forward-looking intelligent driving products, and further accelerating the advancement in the automotive industry.”