The prominent auto parts supplier Delphi Automotive PLC is partnering with the France-based firm Transdev Group to create and launch a new autonomous, on-demand shuttle service in Europe, according to a joint announcement from the firms.
Intel’s acquisition of outstanding ordinary shares of Mobileye NV is now complete, which should soon make some of the goals of the acquisition more clear. With that in mind, the newest press release (revealing the completion of the tender offer) states that Intel estimates the “vehicle systems, data, and services market opportunity to be up to $70 billion by 2030.”
The Israel-based self-driving vehicle technology firm Mobileye reported a notable jump in quarterly profit last quarter that eclipsed earlier estimates — primarily as a result of increasingly strong sales of its advanced driver assisted systems.
After Tesla and Mobileye parted ways, it only took Tesla engineers around 6 months to recreate/approximate the Mobileye self-driving and visual processing tech. At least, that’s what Tesla CEO Elon Musk said during the Quarter 1, 2017, earnings call.
The mapping tech that Mobileye uses in relation to it’s self-driving vehicle tech development will be profitable long before fully autonomous vehicles actually start to be deployed on a large scale, according to the company’s chairman, Amnon Shashua.
Tech giant Intel has come to agreement with the Israel-based self-driving vehicle and machine learning firm Mobileye to acquire it — for ~$15 billion.
Mobileye’s Road Experience Management (REM) data generation technology will be integrated into new BMW Group offerings coming to market in 2018.
The prominent self-driving vehicle technology firm Mobileye has now finished the installation of collision avoidance technology in around 4,500 “rideshare” service vehicles in New York City, according to a new press release on the matter.
A 40-strong fleet of autonomous BMW test vehicles will be “on the roads” by the second half of the year, according to a new joint announcement from BMW Group, Intel, and Mobileye. This fleet of self-driving BMW 7 Series cars will be tested in the US and Europe.
When we covered news of an interesting test ride in the Lucid Motors Air prototype a few weeks ago, we noted that the experience included a short demonstration of the vehicle’s self-driving capabilities. Given the way things are headed in the auto industry, the company understandably seems to be aware that self-driving features will be an expected component in luxury offerings within only a few years.
