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STRADVISION recently unveiled that its pioneering deep learning-based vision perception system, SVNet, has achieved over 1 million units in cumulative commercial production since its launch in 2019. An impressive 1.24 million vehicles globally are equipped with STRADVISION’s innovative SVNet technology.

Why It Matters

SVNet stands out with its ultra-lightweight architecture, combining deep learning-based object recognition in a power-efficient manner. With compatibility across over 18 System-on-Chip (SoC) platforms and boasting more than 30 unique object recognition features, SVNet has become essential in various projects aiming to produce vehicle models with Level 2 or higher autonomous driving features. Its reliability and versatility, cultivated from rich automotive industry experience, play a pivotal role in its widespread adoption.

Key Points

• Milestone: STRADVISION’s SVNet has been integrated into over 1.24 million vehicles globally.
• Technology Efficiency: SVNet efficiently marries deep learning-based object recognition with low computational and energy consumption.
• Adoption in Advanced Features: STRADVISION’s technology supports advanced driving features like Adaptive Cruise Control (ACC), Autonomous Emergency Braking (AEB), and Lane Keeping Assistance Systems (LKAS).
• Growth Prospects: STRADVISION anticipates an annual production surpassing 1 million units in 2023, accelerated by the launch of 8 new model lineups from a notable German OEM.
• Global Collaborations: The company is actively partnering with automotive OEMs, especially in Europe and Japan, to bolster its series production programs.

Bottom Line

STRADVISION remains dedicated to catering to automotive industry demands, with SVNet playing a central role in its vision. The firm is optimistic about further growth, especially with new collaborative ventures in the European and Japanese markets. Sunny Lee, STRADVISION’s COO and US CEO, expressed appreciation to their clientele for their substantial contribution in achieving this milestone, while also looking forward to the opportunities the upcoming year presents.

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Hyundai Mobis has announced the successful development of its latest parking technology, the ‘MPS 1.0P (Premium)’, an enhanced version of the Mobis Parking System (MPS) first introduced in 2021.

Why It Matters

The rise of advanced parking technology is a key indicator of the approaching age of autonomous parking. As urban driver assistance systems (ADAS) and video-based sensors merge, Hyundai Mobis solidifies its dominant position in the high-performance parking control arena.

Key Points

• A significant feature is the Memory Parking Assist (MPA), which enables vehicles to learn a parking routine and autonomously park with a single driver touch in a familiar space.
• Central to this technology is the integration of video-based sensors, utilizing ultrasonic sensors and Surround View Monitor (SVM) cameras. The application of advanced techniques sourced from robotics has allowed up to a 100m storage distance.
• Predictions show the technology will be popular in regions like Europe and China where specific parking areas or private garages are prevalent.
• Hyundai Mobis’ system is developed without pricey radar or lidar sensors. Instead, it uses only ultrasonic and SVM cameras, offering both technological and cost benefits.
• Additionally, the ‘Remote Smart Parking Assist (RSPA)’ feature has been enhanced. The new RSPA can recognize parking lines and autonomously park even without vehicles nearby, as showcased in models like Kia’s SUV EV9, G90, GV60, and IONIQ 6.

Bottom Line

Hyundai Mobis continues to push the envelope with its innovative parking solutions, reinforcing its position as a frontrunner in autonomous driving and parking technologies. The company’s commitment to research and development, evidenced by initiatives like the ‘e-Corner System’ and advances in autonomous parking, positions it to be a key player in future mobility trends. With a presentation scheduled at the prestigious ‘AutoSens Conference’ in Brussels, Hyundai Mobis sets the stage to showcase its technological prowess to the global industry.

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