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NOK Nokia Corp

3.68
0.01 (0.27%)
04 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Nokia Corp NYSE:NOK NYSE Depository Receipt
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  0.01 0.27% 3.68 3.73 3.68 3.71 13,590,941 01:00:00

Bosch, TomTom to Jointly Develop Maps for Self-Driving Cars

21/07/2015 10:30am

Dow Jones News


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BERLIN—German auto supplier Bosch GmbH and the Dutch digital mapping company TomTom have agreed to work together to develop high-definition digital maps needed for self-driving cars, the companies said Tuesday.

"We will only be able to have self-driving vehicles on the highway in 2020 with highly accurate maps," Dirk Hocheisel, Bosch's general manager, said in a statement.

Under the partnership Bosch will provide technology to make TomTom's digital maps more accurate and better able to incorporate data produced by an automobile's systems.

The arrangement comes as car manufacturers push to perfect autopilot systems and deploy some features already, such as self-parking cars or technology that allows cars to automatically stay in a lane while traveling on the highway at high speed. A major component of self-driving cars is the high-definition digital map, which produces a 3-D real-time digital representation of the environment.

As part of this drive, BMW AG, Audi AG and Daimler AG are in talks with Nokia Oy to acquire the Finnish group's Nokia Here digital mapping service, the world leader in high-definition maps. People familiar with the takeover talks say negotiations are in the final stages but that it isn't clear when a decision will be made.

Bosch, the world's biggest automotive supplier by sales, said it has been field testing mapping technology in self-driving cars in Germany and the U.S., and is now in the process of mapping out roads.

"We want to have highly accurate maps for self-driving vehicles of all highways and similar roads in Germany by the end of 2015," said Jan Maarten de Vries, vice president of TomTom's automotive division.

After Bosch and TomTom map Germany, they will move on to map highways and major roads in Europe and the U.S., the companies said.

TomTom is the second-largest high-definition mapmaker by sales after Nokia Here.

Write to William Boston at william.boston@wsj.com

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