Strategic Partnership Between BMW and Valeo for Level 4 Automated Parking Experience

The two companies have formed a new strategic partnership to develop a fully automated parking experience for drivers. BMW and Valeo already have a collaboration on ADAS for BMW’s next generation “Neue Klasse” platform. With this new work, drivers will be able to park their vehicles automatically with the help of in-vehicle sensors and software.

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The software functions will be based on the existing automatic parking software, which first appeared in 2021 with the BMW iX. With this new collaboration, the next generation of the system will be further enhanced with a powerful computing platform and advanced algorithms that the companies will develop together.  “We are proud of the long-term cooperation between the BMW Group and Valeo. The co-development and deployment of Automated Parking solutions will permit Level 4 driverless operation in BMW’s upcoming series production vehicles,” said Marc Vrecko, President of Valeo’s Comfort and Driving Assistance Systems Business Group.

Automated Valet Parking (AVP) offers drivers and passengers a fully automated and driverless parking experience. With AVP, the driver leaves the vehicle at the drop-off zone and the vehicle takes over tasks such as autonomous parking space finding and performs the maneuvers needed to park the vehicle. The vehicle then automatically returns to the pick-up point for delivery back to the driver at the same time. To optimize use of the parking time, additional services like fully automated charging or fully automated washing can be deployed. Such functionalities offer real customers benefits in terms of comfort and safety. The partnership will support both AVP Type 1 and AVP Type 2, bringing a new generation of parking solutions.

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