Valeo will invest in Didi's autonomous driving strategy

On May 29th, it was announced that Didi Autonomous Driving signed a strategic cooperation and investment intention letter with Valeo. Valeo will make strategic investments in Didi Autonomous Driving and jointly develop intelligent security solutions for the L4 level autonomous taxi (Robotaxi)

On May 29th, it was announced that Didi Autonomous Driving signed a strategic cooperation and investment intention letter with Valeo. Valeo will make strategic investments in Didi Autonomous Driving and jointly develop intelligent security solutions for the L4 level autonomous taxi (Robotaxi).

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It is reported that both parties will establish a joint research and development team, based on their respective technological and resource advantages, to work together to create a safe and cost-effective redundant system and related technologies that can operate independently and meet the requirements of vehicle regulations for L4 level unmanned driving shared travel scenarios. This intelligent security solution will be first applied to the L4 level autonomous taxi of Didi, which can provide passengers with safe, reliable, comfortable, and low-cost autonomous driving services.

Didi Autonomous Driving COO Meng Xing believes that: "At present, Didi automatic driving is making every effort to promote the large-scale and commercial implementation of automatic driving. In this process, safety has always been the top priority. Valeo has continued to innovate for a hundred years, and has accumulated rich experience in mass production in the field of advanced driving assistance and automatic driving. Deep strategic cooperation with Valeo will help us make a major breakthrough in the standardization and scale of key modules of the auto drive system, and further improve L4 level The overall system of unmanned taxis is safe, providing high-quality unmanned travel services for passengers and accelerating the commercialization of unmanned driving technology

The Executive Vice President of Strategy at Valeo Group and CTOGeoffrey BOUQUOT spoke: For a long time, Valeo has been developing relevant cutting-edge technologies to assist L4 level autonomous driving. Didi autonomous driving deeply cultivates the field of shared travel and has leading advantages in technology research and development and landing operations. Today, we are proud to have reached this strategic cooperation, investing in Didi autonomous driving and investing in the joint research and development of intelligent safety solutions. We believe that this strategic cooperation will further promote Valeo to achieve smarter Safer and more cost-effective mobile travel