Mobileye kicks off AV pilot in Germany

Driverless vehicle and ADAS technology company Mobileye says it has taken a key step on the road to the autonomous future of mobility, by obtaining a permit recommendation enabling it to operate its autonomous vehicle technology on German streets. It says the permit – granted by independent third-party for testing, certification, auditing and advisory service […]

Mobileye valued lower than planned in share sale

Intel’s Mobileye division has announced it is looking at a valuation of nearly $16 billion (£14.2 billion) in its initial public offering, less than a third of what it had previously expected. Reuters reports volatility in stock markets and rising interest rates “dampen the appetite” for new listings. The self-driving unit of Intel said in […]

Intel could be about to float Mobileye

It’s reported that Intel has filed for an initial public offering for its vehicle safety technology subsidiary Mobileye. Reuters says the corporation has “confidentially filed for an initial public offering in the United States on Monday, setting the stage for what is expected to be one of the biggest stock market flotations of the year”. […]

Mobileye partners on Level 4 autonomy tech

The Intel-owned machine vision company Mobileye is teaming up with Zeekr, Geely’s global electric mobility technology brand to expand their strategic technology partnership with the goal of developing a new all-electric consumer vehicle with Level 4 driverless capabilities. The planned autonomous vehicle =will be powered by six EyeQ®5 system-on-chips to process Mobileye “True Redundanc” sensing, […]

AVs “will have bigger impact than EVs” – Mobileye

The Vice President for Mobility as a Service at technology company Mobileye is predicting that autonomous vehicles will give the world back 800 billion hours of wasted hours per year and that self-driving vehicles will have a bigger impact on the future of mobility than the transformation to electric vehicles. Johann Jungwirth says that with […]

Mobileye starts autonomous vehicle testing in New York

Mobileye, the Intel company, has added New York City to its expanding global autonomous vehicle (AV) testing programme. Recently Mobileye applied for and received a New York AV testing permit to drive AVs on New York City streets. Mobileye is the only company currently holding an AV testing permit. During both day and nighttime driving, […]

Mobileye tech underpinning driverless deliveries within two years

The Intel-owned machine vision company Mobileye has announced that its teaming up with , Silicon Valley venture-backed company Udelv to launch a fleet of autonomous delivery vehicles. The companies are planning to build more than 35,000 “Transporters” by 2028, with commercial operations beginning in 2023. The companies say this is believed to be the first […]

Mobileye considers taking lidar production in-house

The Intel-owned ADAS innovator Mobileye is considering making its own lidar sensors for self driving cars, as it explains its business plans to 2025. Amnon Shashua (pictured), CEO of Mobileye and an Intel senior vice president, told Reuters that Mobileye’s first generation of full self-driving kits – which will include lidar units from supplier Luminar […]

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 […]

Intel confirms Moovit acquisition

Intel’s spent $900 million (approx £710 million) to buy the Mobility as a Service app Moovit. The app offers travellers around the world multimodal trip planning by combining public transport, bike and scooter services, ride-hailing, and car-sharing. Intel says adding Moovit to its business helps bring the company’s Mobileye subsidiary closer to achieving its plan […]

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