Wednesday, November 6, 2019

Mobileye and NIO To Bring Level 4 Autonomous Vehicles to Consumers

Mobileye, an Intel company, and NIO, a pioneer in China’s premium electric vehicle market, are engaging in a strategic collaboration on the development of highly automated and autonomous vehicles (AV) for consumer markets in China and other major territories. As part of the planned cooperation, NIO will engineer and manufacture a self-driving system designed by Mobileye, building on its Level 4 (L4) AV kit. This self-driving system would be the first of its kind, targeting consumer autonomy and engineered for automotive qualification standards, quality, cost and scale. NIO will mass-produce the system for Mobileye and also integrate the technology into its electric vehicle lines for consumer markets and for Mobileye’s driverless ride-hailing services. NIO’s variants will target initial release in China, with plans to subsequently expand into other global markets.