Luokung and Siemens Mobility are collaborating on developing autonomous driving and V2X technologies. The two companies have signed a memorandum of understanding to work together on roadside infrastructure, V2X and Internet of Vehicles (IoV). The collaboration will be implemented by Luokong subsidiary HDtraffic and Siemens Mobility subsidiary Yutraffic.

Luokung plans to develop systemic product-based solutions with Yutraffic. Collaboration will include commercial and demonstration projects for transportation digitalization, IoV and autonomous driving.

Dr Wang Chuanjiu, CEO of HDtraffic, said “We believe that this strategic cooperation between Yutraffic and HDtraffic will enable both parties to leverage their respective core competencies in areas such as autonomous driving, IoV and V2X. The cooperation will be based on Yutraffic’s roadside technologies and road unit products, as well as its mature vehicle-to-infrastructure application stack supported by ITMS, and combined with HDtraffic’s technologies in traffic digital twin, simulation decision-making, and V2X, as well as the unique advantages of vehicle-side data operation services. We look forward to working with Yutraffic on the joint development of product-level autonomous driving vehicle-road communication and IoV solutions, and to planning and implementing demonstration projects and related commercial projects.”

Mr Xuesong Song, Luokung’s Chairman and CEO, said “Combining HDtraffic’s superior vehicle-side intelligent big data services with Yutraffic’s smart transportation solutions paves the way for future in-depth and multi-level cooperation. We are excited to partner with Yutraffic to build a portfolio of internationally advanced product-level solutions to serve intelligent, efficient and energy-saving urban transportation and intercity expressways.”