Here's When Intel's Mobileye Self-Driving EV Shuttles Might Hit US Roads
Intel’s Mobileye division, which dabbles in self-driving tech and advanced driver-assistance systems (ADAS), has announced plans to bring fully-autonomous, electric-powered shuttle vehicles to the US in 2024. The chip giant purchased Mobileye back in 2017 for an estimated sum of $15.3 billion and aims to take it public later this year via the IPO route. The company already counts some big names like Tesla, BMW, Volvo, and General Motors as its customers, and even licensed its “EyeQ” camera-based awareness technology to Ford for use in its EV lineup.
The EyeQ tech offers features like forward-collision warnings, and pedestrian as well as cyclist detection among others. Speaking of pedestrian warning systems, Tesla recently had to recall roughly 600,000 cars in the U.S. over its warning system becoming non-compliant with existing regulations. Mobileye is already planning to deploy a fleet of robo-taxis in Germany and its home market of Israel, and is currently awaiting regulatory approval. Earlier this year, Mobileye showcased its EyeQ system-on-a-chip for self-driving cars and it appears that the company is now ready to use its solution on the roads.
Related: Autonomous Vs. Self-Driving: Understanding The Different Levels
Intel has announced that its Mobileye unit has partnered with Benteler EV Systems and Beep to bring a fleet of “automotive-grade, fully electric, autonomous movers in public and private communities across North America.” The futuristic shuttle is being developed for urban areas with first and last-mile use cases in mind, and is expected to arrive on US roads in 2024. Mobileye is targeting Level 4 autonomy (based on SAE system) for the self-driving vehicles made by Benteler EV Systems, with the goal of
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