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ASENSING Ready to Provide Cutting-Edge High-Precision Positioning Solutions to Global Partners
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December 23, 2022 News

 

ASENSING, the leader in high-precision positioning technology for smart vehicles, says it is ready to provide global brands with its cutting-edge integrated navigation systems, which are incorporated in about 500,000 vehicles already.

Headquartered in Guangzhou, ASENSING will exhibit its mass-produced high-performance positioning solutions at Booth 5778 in the West Hall of CES 2023, to be held from the 5th to the 8th of January 2023 in Las Vegas, Nevada, United States. This will mark its second consecutive year participating in the world’s most influential tech show.

Sebastian Voigt, Managing Director at ASENSING EUROPE, said: “Integrated navigation systems are essential for autonomous driving. Given our superior positioning solutions had proven to add value to our existing customers in China, we also wanted to provide our technological expertise to global customers.”

Voigt added that ASENSING has three global branches—in the U.S., Germany and Japan. ASENSING has recently launched projects for new smart plants in east and south China to fulfill surging orders, from both home and abroad.

“We are currently in discussions with most of the major traditional Western brands. We have done successful road tests or are in different development and discussion stages with some of them,” Voigt said, noting how ASENSING has received nominations from more than 20 OEMs to provide solutions for nearly 70 vehicle models.

ASENSING has partnerships with OEMs including emerging new energy vehicle makers like XPeng, Li Auto and NIO, as well as traditional brands such as SAIC, Geely and Chery.

Industrial Securities, an investment company, pointed out in a research paper published this month that integrated navigation systems are already a “tens of billions RMB market, with the advent of the autonomous driving era.” ASENSING is “far ahead in this industry based on tech strength and mass production experience.”

ASENSING’s annual capacity is expected to increase to a volume of several million sensor suites in 2026 from the current volume of more than one million, with new smart plants under construction.

“We were the first in series production offering an automotive solution to combine IMU and GNSS. This enabled us to develop a superior algorithm which, in combination with our own manufactured IMU, shows excellent performance, in particular regarding the accuracy and at different temperatures.”

A unit that fully meets functional safety requirements, ASENSING’s solutions are designed for L2 and above autonomous driving and can be applied in multiple scenarios.

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