StradVision Inc. today announced that it is working with Tung Thih Electronic to add road-safety features including its SVNet perception system to Changan Automobile’s CS75 Plus sport-utility vehicle.
Founded in 2014, StradVision has developed software for advanced driver-assistance systems (ADAS) and autonomous vehicles. The startup claimed that its ADAS features cost a fraction of the price of competing products and that they have been deployed in more than 9 million vehicles worldwide.
StradVision, which has offices in Seoul, South Korea, and San Jose, Calif., has more than 120 employees. It raised $27 million in Series B funding in December 2019 and received a strategic investment from Aisin Siiki Co. in June. The company also recently joined the K-Unicorn project and launched a cloud-based Auto Labeling Tool that works with SVNet.
SVNet works with AI, other sensors
StradVision said its camera-based artificial intelligence system enables ADAS and autonomous vehicles to accurately detect and identify objects such as other vehicles, lanes, pedestrians, animals, free space, traffic signs, and lights, even in harsh weather conditions or poor lighting. Compared with rival offerings, SVNet is compact, requires dramatically less memory capacity to run, and consumes less electricity, the company said.
It added that its patented deep neural network-enabled software enables its perception system to be customized for any hardware. To achieve surround vision, StradVision said SVNet’s camera and deep learning-based capabilities work with other sensors such as lidar and radar to quickly and accurately process collected road data.
Tung Thih Electronic (TTE) chose SVNet as the best-performing perception system, according to StradVision. It has obtained China’s Guobiao certification and the ASPICE CL2 (Automotive Software Performance Improvement and Capability Determination Containment Level 2) certification.
CS75 Plus incorporates safety features
The CS75 Plus is in production in China with SVNet and TTE’s ultrasonic surround-view sensors. This combination offers drivers a cutting-edge combination of road-safety technologies, said the companies.
Changan’s CS75 Plus will include SVNet as part of its SVM, a system that places at least four cameras around the vehicle for a panoramic view of the surrounding environment. SVNet will provide the CS75 Plus advanced features such as auto-parking assistance and low-speed automatic emergency braking.
StradVision said SVNet has been deployed in SUVs, sedans, trucks, and self-driving buses worldwide in partnership with five of the world’s top automotive OEMs. StradVision’s global partners also include NVIDIA, Hyundai, LG Electronics, Texas Instruments, Qualcomm, and Toshiba.
The company said it hopes that the use of camera-based perception software and SVM in other vehicles will improve road safety globally and encourage advances in AI road safety technology.