Tenet Fintech Group Inc. (CSE: PKK, OTC Pink: PKKFF)
Commercial Lending in China Ready to Tenet!
Beijing-based NavInfo, China’s leading digital map provider, is teaming up with the China unit of Germany’s auto giant Munich-based Bayerische Motoren Werke China to provide it with high-resolution map services for its research and development of autonomous driving, digital technology media TMTPost reported. High-resolution map services differ from traditional ones in that they can achieve centimetric accuracy, and thus not only display road-width, verge and street sign-sized dimensions, but also manner of obstructions such as non-vehicle roadways, sidewalks, curbs and medians to enable autonomous cars to make the best driving decisions High-resolution maps are core technology for self-driving cars, said Jochen Goller, BMW China president and chief executive chairman, adding that, first, they are indispensable for prediction, driving tactics and safety, and NavInfo is a long-term partner of BMW China. Munich-based BMW started its autonomous driving R&D in 2006 and has stayed in a leading position in China ever since. It first demonstrated its level-3 semi-autonomous driving technology on a highway in Chengdu in southwestern Sichuan province in 2016 and became the first overseas carmaker to gain a self-driving driving road test license in China last year. Founded in 2002, NavInfo was the first Chinese company to obtain a license for electronic navigation maps. It has focused on developing high-precision cartographic services since 2015. Source: yicaiglobal.com
