Neusoft secures 2.1 billion-yuan deal from Chinese automaker for navigation solution

Published: Jun 7, 2024 14:12
Source: gasgoo
Chinese software supplier Neusoft has been chosen by a leading domestic automaker to provide OneCoreGo® 5.0 navigation products and EHP electronic horizon software for over ten vehicle models aimed a...

Beijing (Gasgoo)- Chinese software supplier Neusoft has been chosen by a leading domestic automaker to provide OneCoreGo® 5.0 navigation products and EHP electronic horizon software for over ten vehicle models aimed at global markets, the company announced on June 6. 

The deal is valued at over 2.1 billion yuan, with mass production and market release set to begin this year and continue in the next two years.

This collaboration marks an upgrade from previous partnerships, accelerating Neusoft’s automotive export business and contributing to its rapid development. The awarded products stem from Neusoft’s OneCoreGo® 5.0 solution, launched in April, which integrates years of software expertise, navigation product functionality, and global market resources.

Through the establishment of the One Map+ One Sight+ One Store product system, it achieves a new leap from delivering technical navigation products to all-in-one comprehensive mobility experiences, helping Chinese automotive companies’ business expansion overseas.

As a core partner in the era of software-defined vehicles, Neusoft boasts over three decades of experience in developing automotive electronics. Its products are used by most domestic automakers and numerous international and joint venture brands. Neusoft’s global business supports the top five European automakers and its OneCoreGo navigation products, available in over 20 languages, are used by more than 50 well-known brands in over 120 countries.

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Neusoft secures 2.1 billion-yuan deal from Chinese automaker for navigation solution - Shanghai Metals Market (SMM)