BMW and Valeo engage in developing new Level 4 Automated Valet Parking

TopSpeed 2023-02-28

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BMW Automated Valet Parking demonstration

BMW and Valeo have announced a partnership to co-develop next-generation Level 4 automated parking technologies, including Automated Valet Parking (AVP) for BMW's upcoming platform generation "Neue Klasse". The AVP technology will range from Automated Maneuver Assistance to Level 4 AVP and will be based on car sensors, software, and infrastructure-based services.

The partnership will develop a powerful computing platform hosting the jointly developed algorithms. AVP offers a fully automated and driverless parking experience and will be categorized into Type 1 and Type 2 systems based on where the necessary technologies are installed. The partnership supports both types of AVP and will strive for the most advanced solutions for next-generation parking experiences up to Level 4 according to market and customer requirements.

“This joint development is an important milestone for the BMW Group regarding our next automated driving and parking generation. 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 are 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 of Driving Experience, at 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 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.”

BMW and Valeo Automated Valet Parking Demonstration
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Thank you #BMW

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#Technology #ConnectedDrive #AutomatedDriving #DriverAssistance #Valeo #AutomatedValetParking #NeueKlasse #fullyautomatedparkingtechnologies

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