Southeast Asian ride-sharing firm Grab is targeting to launch its high definition (HD) mapping in the region’s most populous market, Indonesia, this year.
Speaking at the Indonesia PE-VC Summit 2020 in Jakarta last week, Grab Indonesia president Ridzki Kramadibrata said the ride-hailing startup is in the midst of developing maps that are built with self-driving vehicles in mind.
“We have launched our electrical vehicle (EV) initiatives and e-healthcare product with partners last year. In terms of HD mapping, we have many initiatives in place. We believe sometime this year, we will be able to materialize it,” he said.
In July last year, SoftBank earmarked an investment of $2 billion in Indonesia via Grab. The Singapore-headquartered firm later kicked off its electric vehicle ecosystem investment through its collaboration with the government and corporate leaders such as Hyundai, Astra Honda Motor and Gesits. It also launched its e-healthcare platform by partnering with Ping An Good Doctor.
Edited excerpts from a fireside chat with Ridzki Kramadibrata:-