BMW Group and Valeo are taking their long-existing relationship to the next level with a new partnership. After the major announcement of their collaboration for ADAS domain controller, sensors and software for parking and maneuvering for BMW’s upcoming platform generation “Neue Klasse”*, the BMW Group and Valeo announced their cooperation for the co-development of fully automated parking technologies up to Level 4.1
In January both companies signed an agreement for a strategic cooperation, which will focus on joint development of next-generation high-end parking user experience for customers on private grounds and parking facilities. Ranging from Automated Maneuver Assistance to Level 4 Automated Valet Parking, all functions will be based on technology and sensors in the car. Infrastructure based services will also be jointly developed to experience fully automated parking and charging in enabled public parking facilities and sites.
The co-development of these automated parking solutions will involve more than 100 R&D specialists from both companies over the duration of the collaboration. The software functions are based on the current automated parking software stack first launched with the BMW iX in 2021. In the next generation it will be further extended by a powerful computing platform hosting the jointly developed algorithms.
“This joint development is an important milestone for the BMW Group with regards to our next generation of automated driving and parking. With scalable L4 parking experiences, we confirm and strengthen our leading position in this domain. To create truly amazing end user functions, state-of-the art software and hardware is needed in all aspects of the digital value chain, as well as the power of a fleet data ecosystem. The BMW Group is excited to further extend its long-lasting partnership with Valeo with this strategic cooperation. We aim to continue delivering world-class driving and parking experiences to our customers,” said Nicolai Martin, Senior Vice President Driving Experience, BMW Group.
“We are proud of the long-term cooperation between the BMW Group and Valeo. The co-development and deployment of Automated Parking solutions will permit Level 4 driverless operation in BMW’s upcoming series production vehicles,” said Marc Vrecko, President of Valeo’s Comfort and Driving Assistance Systems Business Group. ”Building on already commercialized software stack components, this cooperation will leverage our know-how and technologies, such as advanced AI-based computer vision algorithms, and enable us to extend our portfolio to L4 functions as well as into cloud services. Other automakers will be able to join this platform, with BMW once again setting the standard for the most intuitive and pleasant user experience that its customers rightly expect.”