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Samsung, Renovo Team Up on Autonomous Vehicle Tech
South Korea’s Samsung Electronics Co. is working with Renovo Motors Inc., a Silicon Valley-based startup specializing in software for self-driving vehicles, to develop technology that will be used on a fleet of autonomous vehicles Samsung plans to test on California roads.
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South Korea’s Samsung Electronics Co. is working with Renovo Motors Inc., a Silicon Valley-based startup specializing in software for self-driving vehicles, to develop technology that will be used on a fleet of autonomous vehicles Samsung plans to test on California roads.
The vehicles will use Renovo’s AWare operating system for automated vehicles. The system, which already is being used in several prototype vehicles, integrates data from multiple sensors. Founded in 2010, Renovo tested a retrofitted self-driving DeLorean sports car in 2015.
Renovo is one of several startups specializing in connected and autonomous vehicle technologies that Samsung has invested in over the last two years. In September the consumer electronics giant launched a new $300 million fund to identify and manage future investments.
Samsung and its Harman International unit, which it acquired last year for $8 billion, also has established an Autonomous/ADAS business unit.
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