A.I.Matics is supplying its independently developed AI video telematics platform, based on camera vision recognition and processing technology, targeting commercial vehicles in Korea. Earlier this year, A.I.Matics acquired a domestic telematics company specializing in fleet management solutions, accelerating its entry into the AI video telematics market by securing new investment.

Under this agreement, A.I.Matics will provide its AI telematics solution for Hyundai Capital’s corporate vehicle leasing business and a major law firm’s new vehicle lease contracts. The solution integrates A.I.Matics’ AI technology with Hyundai Capital’s fleet of trucks, buses, and passenger vehicles, enabling advanced management capabilities. The platform also supports contract management, maintenance, and after-sales services (AS), ensuring full lifecycle coverage.

Hyundai Capital plans to leverage A.I.Matics’ technology to deliver premium fleet management services to its clients. The system offers real-time monitoring of vehicle location, driving behavior, fuel consumption, and maintenance status, enabling customers to manage leased vehicles more conveniently and cost-effectively.

Andrew Lee, CEO of A.I.Matics, stated: “This supply agreement marks the beginning of A.I.Matics’ entry into the leasing market. By combining our AI telematics platform with Hyundai Capital’s nationwide network, we expect to create meaningful synergies and accelerate the adoption of AI-powered fleet solutions.”

Source: NewsPim