An autonomous driving unit by Intel has signed a contract to supply eight million cars. Israel-based Mobileye by Intel Corp is focused on autonomous driving technology.
The research firm has announced that the MoU has been signed with a European automobile manufacturer. The company did not disclose the details of the deal and the name of the automaker. For Mobileye, this is one of the largest deal so far. The announcement shows that carmakers and suppliers are accelerating the developments of autonomous driving technology.
Mobileye has developed a technology that can automate certain driving taskshighway driving and emergency braking. The technology is a foundation of enabling fully automated driving, which could be seen in near future. Consideringconditions, it will still take years for mass-market deployment of fully automated driving tech.
Intel is using its EyeQ5 chip, which is designed for fully autonomous cars. The driver assisted systems will be made public in the year of 2021. Mobileye’s senior VP for advanced development and strategy, Erez Dagan said that Intel EyeQ5 is launched as an upgrade to the old EyeQ4 and will be rolled out in coming few weeks.
Several companies have invested large teams and efforts in the development of partial automation technology. The driver-assisted tech will provide brains and eyes of automated cars. The future system by Mobileye will be available on a number of automobile brand’s car models. The technology will automatically drive the car but the driver must stay alert.
Intel acquired the Israel-based Mobileye for $15.3 billion last year. According to the firm, there are 27 million cars by 25 automakers that use some sort of driver assistance system. Mobileye reportedly holds more than 70% of the market share. Amnon Shashua, Mobileye’s CEO said, “By the end of 2019, we expect over 100,000 Level 3 cars with Mobileye installed.”
The company is working with a number of automobile manufacturers including General Motors, Nissan, Audi, BMW, Fiat Chrysler, Honda and China’s Nio. The Level 3 technologies developed by Mobileye will be shipped by next year.
The Level 4 systems will be in production in 2021, which is relevant to creating systems that may be soon purchased by consumers. The firm is confident about rolling out self-driving taxis called robs-taxis by 2021. Shashua further added, “When designing our system we are looking atwhat can be used today, in a year, in two years and then the robo-taxi. On one hand you want to be safe but on the other hand assertive. In the future, the system will observe other drivers on the road and after a certain amount of time adapts to driving conditions … It’s not unlike a human experience.”