Connected vehicle firm wejo in US partnership
UK tech firm wejo is to partner with US and Israel-based Waycare on a new project which will combine the duo’s tech.
Founded by Richard Barlow in 2014, wejo provides information to a variety of end-users including insurers, local authorities and breakdown recovery services by tracking seven million connected cars.
As part of the new long-term partnership, Waycare will use wejo’s connected car data to create more accurate traffic management solutions, in a project in Nevada, which will eventually expand to other US states.
Waycar’s software, which tracks traffic and uses machine learning to improve traffic and safety management operations, is already used by Nevada’s transportation and safety management agencies when identify and responding to incidents.
With Wejo’s data supplementing Waycare’s existing traffic data, agencies will receive a more accurate data set and can detect and predict incidents and determine risk on roadways faster.
In February US automotive giant General Motors took a 35 per cent stake in the business.
“Almost all drivers in highly populated areas experience a great deal of traffic congestion, delayed journeys, and an increased risk of accidents,” said wejo Chief Executive, Richard Barlow.
“We are working together with Waycare to reduce these delays and improve road safety.”
Waycare CIO, Shai Suzan added: “The dynamic nature of the urban environment requires that agencies become more proactive about the conditions on their roads. We are thrilled to support cities around the USA by providing a solution that has already demonstrated an improvement in congestion and road safety in Nevada.”