Continental Group invests in Magic Vision, and the cooperation plan between the two parties is expected to be mass-produced in 2023

On June 13, Continental announced to invest in Magic Vision to jointly develop and promote intelligent travel solutions suitable for Chinese road scenarios and optimize costs. The model is mass-produced.It is reported that Continental Group participated in the C round of financing of Magic Vision, and the total amount of this round of financing reached hundreds of millions of yuan.

According to the plan, the solution will be able to cover all kinds of passenger car models from low-cost models to high-end models. It has the characteristics of multi-function, low cost, low power consumption and high security, supports mainstream computing power chip platforms, and also Advanced differentiation capabilities that can be extended for higher levels of autonomous driving.

Image source: Continental Group

In order to promote the rapid mass production of autonomous driving technology in China, Continental is currently continuing to strengthen its investment in the Chinese market and develop system solutions suitable for scenarios with Chinese characteristics.To this end, Continental established a joint venture with Horizon in September last year to jointly develop software and hardware solutions for advanced assisted driving and autonomous driving for both Chinese and global OEMs. The development of a new generation of automotive architectures.In the same month, Continental's China Software and System R&D Center was officially established in Chongqing, aiming to cultivate and enhance the capabilities of local excellent software and systems.

In terms of technology, Continental has previously launched innovative solutions such as the sixth-generation long-range radar, surround radar, and HFL110 solid-state short-range lidar to the Chinese market. The sixth-generation radar is scheduled to start production in 2023, and has received Some customer orders.

In addition, Continental has also planned two AD HPC products for autonomous driving high-performance computing units for the local market, which are the standard version for L2+ and below autonomous driving, and the advanced version for L4 and below point-to-point autonomous driving.By equipped with Continental's advanced piloting and parking systems, AD HPC will support high-precision map-based highway automatic driving, automatic parking and memory parking functions, and can be extended to urban automatic driving, automatic valet parking and Cockpit Domain Features.

This cooperation with Magic Vision is expected to further accelerate the local R&D process of Continental Group.Since its inception, Magic Vision has always adhered to embedded artificial intelligence, adopted a progressive development path, and built a closed loop of autonomous driving technology with "mass production".Up to now, Magic Vision has built core technologies for full-stack autonomous driving, including core algorithms such as environment perception, multi-sensor fusion, high-precision vehicle positioning, path planning, vehicle control, and driving decision-making.

Its self-developed autonomous driving and advanced assisted driving products cover passenger car automatic parking (APA), memory parking (HPA), autonomous valet parking (AVP) and pilot assisted driving (NOP), etc. The mass production of many passenger car OEMs, including GAC.In addition, Magic Vision can also provide an integrated solution for parking and driving, and help reduce the development cost of parking function through the multiplexing technology of driving ADAS controller and domain controller.