Volvo partners up with E.ON portfolio startup Waycare to improve road safety
30 November 2020
Connected safety technology helps warn other drivers of road hazards in real time
Adjusting speed to the actual traffic situation and driving with foresight can radically lower the risk for accidents on the road. To warn drivers about road hazards in real time, Volvo Cars has partnered up with Waycare – a startup from E.ON’s investment portfolio - that provides an AI-based traffic management solution.
By tapping into a variety of different data sources, Waycare provides cities with operational insights for reducing traffic congestion and preventing crashes. Through its collaboration with Volvo, Waycare will incorporate new data into its algorithms for crash prediction, incident detection, and irregular congestion detection.
The Volvo alert systems, called Hazard Light Alert and Slippery Road Alert were tested since 2016 on 90 series cars in Sweden and Norway. From model year 2021, they will come as standard equipment in all Volvo cars sold in the U.S. The alert systems will allow Volvo cars to communicate and share real time data on current traffic situations.
The technology behind this is an artificial intelligence (AI) solution developed by Waycare Technologies. It warns drivers of potentially dangerous conditions ahead, by synthesizing anonymous connected safety data and integrating other data sources such as city infrastructure, telematics and weather forecasts.
The insights can be anonymously provided to local traffic municipalities, who can push updates to public traffic information feeds. Furthermore, Waycare is able to share synthesized data with the Waze navigation app in areas where this feature is enabled.
Noam Maital, CEO of Waycare Technologies, emphasizes the importance of this industry partnership: “Real-time data from Volvo’s alert systems is bringing a new dimension to our AI based traffic management platform, increasing our ability to provide early incident identification.”
E.ON has been invested in Waycare since 2017 and aims to bring their technology to its core markets. “We are very impressed by the energy, dedication and progress of Waycare and are proud to be part of their journey”, says Stefan Padberg, Head of Innovation activities in the U.S., Palo Alto/ California.
Waycare’s cloud-based traffic management platform is already available in Nevada, Central Ohio, Missouri, Texas, North Carolina, Utah, San Francisco/Bay Area, and western Florida where the connected data sharing is currently available. Other geographical areas will follow in the future.
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