Reuters reports that Mobileye has received this order to supply its self-driving technology for 8 million cars to a European manufacturer.
Mobileye now works with the likes of General Motors, Nissan, Audi, BMW, Honda, Fiat Chrysler and Nio to supply Level 3 autonomous technologies. Although the terms of the deal are confidential, as is the name of the automaker, this is a large step forward towards commercially available autonomous vehicles.
Mobileye is estimating that there will be over 100,000 vehicles carrying Level 3 self-driving classification with their chips installed.
Reuters said the arrangement will begin in 2021 and is one of the biggest such deals in Mobileye's history.
The future system will be available on a variety of the automaker's vehicle models that will have partial autonomy, meaning the auto is automatically driven but the driver must stay alert and be ready to take control if necessary, as well as models with more advanced levels of autonomy. That coincides with the expected launch date of Intel's EyeQ5 chip, which is designed for fully autonomous driving, is launched as an upgrade to the EyeQ4 that will be rolled out in the coming weeks, said Erez Dagan, senior vice president for advanced development and strategy at Mobileye.
Mobileye's camera-on-a-chip, the EyeQ.
Mobileye, founded by Amnon Shashua and Ziv Aviram in 1999, was bought by Intel previous year for a little over $15 billion.
The company is also working with a consortium of companies led by BMW to develop autonomous vehicles.
In an article released today, Professor Amnon Shashua elaborated on the key differentiators of the Intel-Mobileye solution, created to be faster, smoother, less expensive and 1,000 times safer than a human-driven vehicle, without the need to drive millions of miles of validation.