Intel's Mobileye secures order for self-driving tech for 8 million cars

Rodiano Bonacci
Mag 18, 2018

Intel (NASDAQ:INTC) and its Mobileye subsidiary have started testing self-driving vehicles in Jerusalem. The name of the auto manufacturer and financial details were not disclosed. Automakers alone have generally lagged behind developing these new technologies. That coincides with the expected launch date of Intel's EyeQ5 chip, which is designed for fully autonomous driving, is launched as an upgrade to the EyeQ4 that will be rolled out in the coming weeks, said Erez Dagan, senior vice president for advanced development and strategy at Mobileye.

In January, Intel and Mobileye unveiled their first autonomous auto, equipped with 12 cameras and sensors that enable the cars to navigate the traffic by providing the vehicle with different fields of view.

There are now roughly 27 million cars from 25 different automakers that used some type of advanced driver-assist systems, with Mobileye making up more than 70 percent of the market share.

The system will be available on a variety of the automaker's vehicle models that will have partial automation - where the auto is automatically driven but the driver must stay alert, i.e.

"By the end of 2019, we expect more than 100,000 level 3 cars with Mobileye installed", said Mobileye Chief Executive Amnon Shashua.

The deal will give these vehicles Level 3 capability, which means the vehicle drives itself but the driver has about 10 seconds to resume control of the vehicle is something goes awry. Although human drivers still needed to monitoring and manage sudden changes in road environments or unforeseen scenarios, such as an accident ahead.

Mobileye already has a long list of customers using its technology for advanced driver aids, these include the likes of General Motors, Honda, BMW, Audi, Nissan, and more.

The contract is one of the largest so far signed by Mobileye and a signal on how automakers and suppliers are accelerating the introduction of features that automate certain tasks - such as road driving and emergency brakes. In a test witnessed by Reuters reporters, these cars were able to travel through Jerusalem's streets in the middle of the day without driver interference. Alphabet's self-driving arm Waymo plans to begin a commercial self-driving ride-hailing service later this year in Arizona.

As such, Shashua said, autonomous cars can not rely on just cameras.

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