Telenav Driving the Automotive Industry – Accelerating Towards a Future of Connected Cars
March 12 2019 - 8:00AM
Making significant progress toward its strategic goal of creating
the world’s largest network of connected vehicles, Telenav®, Inc.
(NASDAQ: TNAV), a leading provider of connected-car and
location-based services, is pleased to report that a cumulative
11.9-million Telenav-enabled vehicles offering connected
services have now been deployed in markets around the globe.
The updated total comes after 1.3-million Telenav-enabled
vehicles capable of connected services were deployed into the
global market during the second quarter of fiscal 2019 (ending Dec.
31, 2018). Additionally, the company recently surpassed 21-million
cumulative total vehicles shipped that feature Telenav software or
services.
“The future of connected cars is here now,” said HP Jin, Telenav
Chairman and CEO. “Telenav’s connected-car platform enables our OEM
partners to provide an enjoyable, exceptional driving experience.
Our newest announced offerings– Amazon Alexa embedded into the
in-car navigation and Yelp integrated into our Scout GPS Link –
will make people’s lives on the go less stressful, more productive,
and more fun.”
Showcasing the company’s continued momentum, other recent
business highlights included:
- Telenav hybrid navigation solution launched on
additional GM model year 2019 vehicles, including the Chevrolet
Blazer, Chevrolet Malibu, and Cadillac CT6.Current GM
vehicles enabled with Telenav hybrid navigation in North America
are: Cadillac CTS, CTS-V, ATS, XTS, XT 4 and CT6; GMC Terrain,
Sierra, and Canyon; Chevrolet Silverado, Equinox, Colorado, Camaro,
Cruze Hatchback, Volt, Blazer, and Malibu; and Buick Regal.
Additionally, GM has launched vehicles with Telenav hybrid
navigation solution in China and has launched vehicles with our
on-board solution in South America, Australia, New Zealand, and the
Middle East.
- Telenav Scout® GPS
Link (SGL) launched on additional Toyota model year 2019 vehicles,
including Toyota RAV4 and Lexus UX.This marks the third
model year that Toyota has included the Scout GPS Link navigation
app in selected vehicle models sold in the U.S. and Canada. Telenav
Scout GPS Link turns a vehicle’s multimedia screen into a full
in-car guidance system, powered by a smartphone app and the cloud.
It enables drivers to easily transfer the navigation information
displayed on their mobile device to the multimedia display inside
the car, where it can be easily seen and heard by the driver.
- Telenav and Amazon collaborated to bring
customized, turnkey Alexa conversational-voice interface to
Telenav in-car navigation.Telenav began integrating Amazon
Alexa into its automotive navigation system offerings, making
voice-based services like Alexa compatible with drivers’ needs and
vehicle safety standards. This expands opportunities for consumers
to have a single integrated voice service available at home, on
mobile, and in their vehicle. The customized turnkey solution
combines Telenav’s deep automotive experience and world-class
navigation system with the cloud-based voice service from Amazon,
expanding users’ touch points beyond home and smartphone to
connected vehicles. The collaboration results in a tailored,
voice-forward experience, where the touch user experience and Alexa
are seamlessly integrated, providing a superior in-car experience.
Based on the Alexa Auto SDK, the integration allows drivers to
enjoy hands-free access to their in-vehicle connected navigation
system, while easily asking Alexa to enter destinations, check
traffic, and get directions. It also gives automakers the ability
to provide their customers with a more useful, continuous
experience at home and on the road.
- Telenav Scout GPS Link (SGL) mobile application added
Yelp ratings and reviews for the U.S. and Canadian
markets.The addition of Yelp – a leading and
internationally-recognized purveyor of crowd-sourced reviews
concerning local businesses – content provides SGL users with an
easy way to locate highly-rated restaurants and local businesses
from their in-car entertainment system when connected to SGL.
Partnering with Yelp represents Telenav’s next step in providing
consumers with an enhanced connected-car experience. In addition to
Telenav’s in-car ads and in-car commerce offerings, integrating
Yelp into Scout GPS is an important step in the company’s efforts
to grow its leadership position in offering consumers the in-car
experiences that are changing the future of connected cars.
With the emergence of new technologies – such as connected,
electric, and autonomous vehicles, Telenav continues to help its
OEM partners navigate the challenges and opportunities of a rapidly
changing industry.
To view Telenav’s Investor Presentation, please visit:
http://investor.telenav.com/
About TelenavTelenav is a leading provider of
connected car and location-based platform services, focused on
transforming life on the go for people — before, during, and after
every drive. Leveraging our location platform, global brands
such as GM, Toyota and AT&T deliver custom connected car and
mobile experiences. Additionally, advertisers such as Nissan,
Denny's, Walmart, and Best Buy reach millions of users with our
highly-targeted advertising platform. To learn more about how
Telenav's location platform powers personalized navigation,
mapping, big data intelligence, social driving, and location-based
ads, visit www.telenav.com.
Contact: Raphel FinelliTelenav,
Inc.408-667-5970Raphelf@telenav.com
“Telenav,” “Scout,” “Thinknear” and the Telenav, Scout and
Thinknear logos are registered trademarks of Telenav, Inc. Unless
otherwise noted, all other trademarks, service marks, and logos
used in this press release are the trademarks, service marks or
logos of their respective owners.
© 2019 Telenav, Inc. All Rights Reserved.
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