Press release

FPT, Yamaha Motor, and Ecopark Join Forces to Develop Self-Driving Vehicles

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Vietnam’s leading information technology company FPT, Japanese
motorcycle maker Yamaha Motor (Yamaha) and urban developer Ecopark have
entered into a memorandum of understanding on Thursday to develop
self-driving electric vehicles through FPT’s autonomous technologies.

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Global IT company FPT has signed an agreement with Yamaha Motor and urban developer Ecopark to devel ...

Global IT company FPT has signed an agreement with Yamaha Motor and urban developer Ecopark to develop self-driving electric vehicles. (Photo: Business Wire)

According to the MoU, FPT will develop autonomous driving software on a
Yamaha electric vehicle based on a golf car, powered by Artificial
Intelligence and Light Detection and Ranging (LiDAR) technologies.
Yamaha will provide technical support and vehicle consulting during the
road tests while Ecopark provides logistics and efficient
infrastructures. The collaboration seeks to accelerate the adoption of
autonomous vehicles technologies and realize the vision of smart public
transportation in Vietnam.

The trio has set to improve the autonomous vehicle’s capabilities over
time. On its first demo April, the vehicle will hit the road with
original features such as traveling on a predetermined route;
identifying lanes, returning to the starting point to complete a
journey; stopping, parking, dropping off passengers as requested; or
detecting and avoiding obstacles on the way. By the end of 2019, having
been integrated with FPT’s autonomous technologies, the vehicle should
be able to detect objects and vehicles on the road, slow down at sight
of obstacles ahead, or handle the auto-parking function without
passengers on board. At this stage, the users could also book autonomous
vehicles via mobile apps.

“This partnership reflects our commitment to make a positive impact on
the community through innovation”, said FPT Software’s Chairman Hoang
Nam Tien. “We announced the launch of autonomous technologies in 2017,
based on our in-depth research and capabilities in Artificial
Intelligence, Data Analytics, Internet of Vehicles, Cloud computing, and
Image Processing, etc. The past two years has seen made-by-FPT
autonomous technologies integrated into vehicles and successfully tested
at high-tech zones. We hope this collaboration could bring us to the day
where autonomous cars using our technologies could be adopted across
urban areas, luxury resorts, factories and warehouses”, he asserted.

FPT has to date acquired Level 3 in driving automation and sought to
upgrade one more notch by the end of 2019. The Southeast-Asia leading IT
services provider looks to obtain level 5, the highest level of driving
automation, and ISO 26262, an international safety standard for the
automotive industry, within a few years.

“We chose FPT as the first partner in Vietnam to integrate advanced
autonomous technologies into our latest electric cars based on their
proven capabilities in digital transformation. We’re also confident that
the Ecopark green city is one of the most suitable places for our
vehicles to hit the road. Following two decades of research and
development, we aspire to build low-speed, clean and smart vehicles that
could shape the future of mobility, and the success of this
collaboration would surely help validate our vision”, said Mr. Shoji
Shiraishi, Fellow and Senior General Manager of New Venture Business
Development Section, Advanced Technology Centre at Yamaha Motor.

The alliance with global firms FPT and Yamaha is also a big gain for
Ecopark. As Mr. Nguyen Dung Minh, Deputy General Director of Ecopark
noted, “this partnership helps us establish ourselves as a smart city
that leveraging information technology and artificial intelligence to
provide better living standards of our residents while utilizing energy
and natural resources effectively. Apart from the greenery and urban
landscape, the smart city initiative is our key strategy. Having big
names like FPT and Yamaha as partners, we trust the latest technologies
would be adopted to benefit our local residents”.

About FPT

FPT is the global leading technology and IT services provider
headquartered in Vietnam with nearly US$2 billion in revenue and 33,000
employees. As a pioneer in digital transformation, FPT delivers
world-class services in Smart factory, Digital platforms, RPA, AI, IoT,
Cloud, AR/VR, and more. FPT has served over 600 customers worldwide, a
hundred of which are Fortune Global 500 companies in the industries of
Aerospace & Aviation, Automotive, Banking and Finance, Logistics &
Transportation, Utilities and more. For more information, please visit www.fpt-software.com.

About Yamaha Motor Co., Ltd.

Yamaha Motor (Tokyo: 7272) is a world-leading producer of land vehicles
such as motorcycles, all-terrain vehicles, and electrically power
assisted bicycles, marine products such as boats and outboard motors,
robotics products such as surface mounters and drones, as well as
engagement in the finance business. The companys diverse
businesses and wide variety of products are built around its proprietary
technologies focused on small engines, chassis & hulls, and electronic
control. Yamaha Motor conducts global development, production and
marketing operations through 140 subsidiaries and equity-method
affiliates in 30 countries and regions, working to realize our Corporate
Mission of being a “Kando* Creating Company”. About 90% of consolidated
net sales are generated in more than 200 countries and regions outside
of Japan. Please visit https://global.yamaha-motor.com/

*Kando is a Japanese word for the simultaneous feelings of deep
satisfaction and intense excitement that we experience when we encounter
something of exceptional value.

About Ecopark

Ecopark is the biggest ecological urban area with millions of trees in
Northern Vietnam. Located at the southeast gate of Hanoi, Ecopark is 500
hectares in area. After nearly 16 years of construction and development,
Ecopark is known as the “Green City”, offering a wide range of
residential products and facilities. Ecopark becomes a pioneer of
sustainable green architecture, honoured with many prestigious
international awards. Ecopark expects to meet housing needs for more
than 150,000 residents in the future. With a vision of upgrading Ecopark
from a green urban area to a smart – modern – green city, the developer
had took many efforts to find effective energy solutions as well as the
most modern technology. The autonomous electric vehicle using clean and
eco- friendly fuel is one of Ecopark’s goals in 2019.

Please visit http://www.ecopark.com.vn/