Valeo and DiDi Autonomous Driving have reached a strategic cooperation and investment agreement to jointly develop safety solutions for robotaxis
On May 29th, Valeo and DiDi Autonomous Driving announced a new strategic cooperation and investment agreement. Valeo intends to invest in DiDi Autonomous Driving and the two partners will develop intelligent safety solutions for L4 robotaxis together.
Valeo and DiDi Autonomous Driving will bring together their expertise to provide passengers with safe, reliable, comfortable and cost-effective autonomous driving services. By investing in DiDi Autonomous Driving, Valeo intends to take this strategic partnership one step further and to support the long-term development of a key player in the future of autonomous driving.
In particular, they will set up a joint research and development team to work on safety systems for L4 robotaxis. To offer extra safety to users, Valeo and DiDi Autonomous Driving will complement the main system of L4 standard technology that allows the robotaxi to navigate autonomously and safely, with another set of hardware and software. This Automated Safety Pilot will provide redundancy to the main system in case of a sudden failure, as well as customized safety features designed for specific operation scenarios. This customized intelligent safety solution will be able to take over and control the robotaxi to execute actions to ensure the safety of both passengers and other road users. This intelligent safety solution will be initially deployed in DiDi Autonomous Driving’s L4 Robotaxis.
Geoffrey BOUQUOT, Valeo Executive Vice President Strategy and CTO said, “Valeo has been developing leading technologies to reach and support L4 autonomous driving for many years. DiDi Autonomous Driving, with its strong focus on shared mobility, holds a leading edge in technology R&D and operational capabilities. Today, we are proud to sign this agreement to invest in DiDi Autonomous Driving and join our R&D efforts to develop safety solutions. This strategic partnership will contribute to Valeo’s commitment to offer solutions for smart, safe and affordable mobility.“
According to Meng Xing, COO of DiDi Autonomous Driving, “We are fully committed to promoting the mass production and commercialization plan, in which safety has always been the first priority. Valeo has continued to innovate for a century, and has accumulated rich experience in mass production of Advanced Driver Assistance Systems (ADAS) and Autonomous Driving Systems (ADS). The strategic partnership with Valeo enables us to achieve major breakthroughs in the standardizing and scaling of key modules of autonomous driving systems, to further improve the overall system safety of L4 Robotaxis, and to provide passengers with high-quality driverless mobility services. Together, we aim to accelerate the commercialization of autonomous driving technology.“
As a technology company and partner to all automakers and new mobility players, Valeo is innovating to make mobility cleaner, safer and smarter. Valeo enjoys technological and industrial leadership in electrification, driving assistance systems, reinvention of the interior experience and lighting everywhere. These four areas, vital to the transformation of mobility, are the Group’s growth drivers.
Valeo in figures: 20 billion euros in sales in 2022 ; 109,900 employees at December 31, 2022 ; 29 countries, 183 plants, 21 research centers, 44 development centers, 18 distribution platforms.
Valeo is listed on the Paris Stock Exchange.
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About DiDi Autonomous Driving
About DiDi Autonomous Driving DiDi Autonomous Driving is one of the first technology companies to enter the L4 autonomous driving field in China. Building on DiDi’s leading mobility technology platform, DiDi Autonomous Driving focuses on research and development of L4 autonomous driving technology designed for shared mobility scenarios, as well as its product application and related business development. With a team of more than 900 skilled professionals and a fleet of more than 200 Robotaxis across major cities such as Beijing, Shanghai, and Guangzhou, DiDi Autonomous Driving has formed leading technology and operational capabilities. Since its launch in June 2020 testing on-demand service to the public in Shanghai, DiDi Robotaxi service has been safely operating for more than 1,000 consecutive days. Additionally, it has implemented a mixed dispatch system in the operating areas of Shanghai and Guangzhou. To cater to large-scale unmanned operation scenarios, DiDi Autonomous Driving has built the first 24-hour automated operation and maintenance center, Huiju Port, with a 90% automation rate of the entire process. In April 2023, the company developed its industry’s first mass-produced three-domain fusion computing platform Orca and collaborated with industry partners to co-develop a 2K resolution-level high-precision LiDAR in China. Currently, DiDi Autonomous Driving is actively driving the mass production of electric Robotaxis, aiming to provide users with safe, economical and comfortable mobility services while generating greater value for society.