Mobileye CEO predicts consolidation in CAV industry

The head of Intel-owned Mobileye says companies will have to consolidate in the autonomous vehicle sector because it’ll be too difficult for independent businesses to co-operate.

Reuters quotes Amnon Shashua as saying the strategy of individual companies focusing on one component, like safety, sensors or maps, is not sustainable because it’s an “end-to-end system” that cannot be broken down.

“There are going to be very very few actors who can go from silicon (chips) to self-driving systems,” Reuters quotes him as saying. “Therefore, what we see in the industry… is a great consolidation.”

(Picture – Mikemacmarketing)

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