Amnon Shashua, Intel. News is published on CleanTechnica.com, while reports are published on Future-Trends.CleanTechnica.com/Reports/ and buying guides are here. Prof. Amnon Shashua, Intel. Overall, it seems like a big deal for NIO, which gets the opportunity to not only accelerate the development of autonomous driving, but more importantly at the moment, gets a new opportunity for a revenue stream.

Nio started production in 2018 using the EyeQ4 hardware and it is now pushing out an over-the-air update to add functions to Nio Pilot like Highway Pilot, Traffic Jam Pilot and Auto Lane Changing. Intel Wins US Government Advanced Packaging Project, Intel Enters into Strategic Collaboration with Lightbits Labs, Mobileye, Geely to Offer Most Robust Driver-Assistance Features, Why the Geely Auto Group Win is a Game Changer, Mobileye Outlines Strategy for Driving Significant Growth. We look forward to building our strategic collaboration with Mobileye in autonomous driving technology development, to further enhance the safety and capabilities of our vehicles, as we strive to be the next-generation car company and the best user enterprise.”. Want to publish a press release on CleanTechnica? “We look forward to building our strategic collaboration with Mobileye in autonomous driving technology development, to further enhance the safety and capabilities of our vehicles, as we strive to be the next-generation car company and the best user enterprise.”Prof.

There are lots of people who wonder whether it will still be around in 2022 when the first Nio ES 8 production cars with Mobileye Level 4 technology are scheduled to begin production. Just this. Announces Strategic Collaboration with Mobileye to Bring Level 4 Autonomous Driving Vehicles to Consumers in China and Beyond. NIO began deliveries of the ES8, a 7-seater high-performance premium electric SUV in China in June 2018, and its variant, the 6-seater ES8, in March 2019. The market for actual hands-off driver assist systems is going to be growing significantly in the next few years with Nissan and Nio the latest automakers to join the fray.

Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. That was before Joshua Brown was killed after he stuffed his Tesla Model S into the side of a tractor trailer in Florida while using Autopilot. Nio and Intel entered into a partnership in November of last year that calls for the Chinese company to build the cars that will feature the Intel/Mobileye autonomous system. More Context: Mobileye Outlines Strategy for Driving Significant Growth (News Release) | 2019 Mobileye Investor Summit (Press Kit) | Mobileye News | Autonomous Driving at Intel (Press Kit), More Customer Stories: Intel Customer Spotlight on Intel.com | Customer Stories on Intel Newsroom. Altogether, NIO might grow deliveries 5-fold to 100,000 by 2024. What has any of this got to do with Nio?
A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NIO’s strategies; NIO’s future business development, financial condition and results of operations; NIO’s ability to develop and manufacture a car of sufficient quality and appeal to customers on schedule and on a large scale; its ability to grow manufacturing in collaboration with partners; its ability to provide convenient charging solutions to our customers; its ability to satisfy the mandated safety standards relating to motor vehicles; its ability to secure supply of raw materials or other components used in our vehicles; its ability to secure sufficient reservations and sales of the ES8 and ES6; its ability to control costs associated with our operations; its ability to build our NIO brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing.

The agreement marks the first large-scale automaker partner supplying vehicles to Mobileye, as the company builds a global commercial robotaxi fleet that adapts to the mobility needs of the 21st century.”. NIO Inc. NIO recently announced a partnership with Intel Corporation’s INTL self-driving car technology firm Mobileye in order to develop driverless vehicles in China and other countries. This is a more robust approach than that used by most automakers of looking for steering wheel motion. Consider becoming a CleanTechnica member, supporter, or ambassador — or a patron on Patreon. NIO designs, jointly manufactures, and sells smart and connected premium electric vehicles, driving innovations in next generation technologies in connectivity, autonomous driving and artificial intelligence. Published on March 3rd, 2020 |

What's New: Mobileye, an Intel company, and NIO, a pioneer in China’s premium electric vehicle market, are engaging in a strategic collaboration on the Working with Mobileye to enhance the safety and capabilities of our vehicles is in line with our vision to offer premium smart electric vehicles and shape a joyful lifestyle.”. Once upon a time, Mobileye was among the world leaders in self-driving technology. At 2.5 trillion operations per second it has eight times the processing power of the EyeQ3 system used in the majority of camera-equipped cars on the road today. Both companies are leveraging the latest EyeQ4 vision system from Intel subsidiary Mobileye. NIO shares recently surged on short-term tailwinds: deliveries have rebounded from COVID-19. We see electric vehicles as the starting point and the fabric that connects and strengthens communities. The agreement also marks the first large-scale automaker partner supplying vehicles to Mobileye, as the company builds a global commercial robotaxi fleet that adapts to the mobility needs of the 21st century. In particular, Intel Mobileye could become NIO's largest customer.

Cars with EyeQ4 are also the first to support Mobileye’s Road Experience Management (REM) system for crowdsourcing high definition maps.

05:21p: INTC CLASS ACTION DEADLINE: Bernstein Liebhard LLP Reminds Investors of the Deadline to File a Lead Plaintiff Motion in a Securities Class Action Lawsuit Against Intel Corporation

ProPilot 2.0 uses a trifocal front camera system that can see both wide angle and 250m down the road. Private Securities Litigation Reform Act of 1995. If Nio and Mobileye can get their ducks in a row, they could have some of the first L4 capable cars on the road anywhere in the world. A lifetime in the car business, first engineering, now communicating, Impact 50: Investors Seeking Profit — And Pushing For Change. How It Works: Under the planned collaboration, Mobileye will provide NIO with the design of the self-driving system building on the Mobileye AV Series, a L4 AV kit comprised of the Mobileye EyeQ® system-on-chip, hardware, driving policy, safety software and mapping solution. Founded in November 2014, NIO’s mission is to shape a joyful lifestyle by offering premium smart electric vehicles and being the best user enterprise. NIO may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. 10k deliveries in Q2, NIO remains relatively small. Sr. Vice President and President and CEO of Mobileye, said: “We are thrilled by the promise and potential of collaborating with NIO on electric autonomous vehicles, for both consumers and robotaxi fleets. In combination with radar sensors around the vehicle like SuperCruise, it will enable hands-off lane centering. by Steve Hanley.

According to the press release, NIO will engineer and manufacture autonomous driving systems (designed by Mobileye) for its own vehicles as well as for Mobileye: "As part of the planned cooperation, NIO will engineer and manufacture a self-driving system designed by Mobileye, building on Mobileye’s level-4 (L4) AV kit.

Tags: Intel, Level 4 autonomy, Mobileye, NIO. 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. You can follow him on Twitter but not on any social media platforms run by evil overlords like Facebook. Funding issues also seem solved. Deliveries could double or more in the coming years from Mobileye robotaxis alone. As part of the planned cooperation, NIO will engineer and manufacture a self-driving system designed by Mobileye, building on Mobileye’s level-4 (L4) AV kit. Verheyde believes Intel has too much riding on Nio to let it fail. I’ve spent my adult life working in and around the automotive industry.

And that, says Seeking Alpha contributor Arne Verheyde, is why Nio will survive and maybe even thrive in the highly competitive Chinese EV market.

Once upon a time, Mobileye was among the world leaders in self-driving technology. Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? This article is exclusive for subscribers. Real world testing is slated to begin later this year. The second part of the partnership may mean that Mobileye will use a fleet of NIO's autonomous robotaxis at some point in the future. Sometimes, you need a program to keep track of the players on the field. This variant will target initial release in China, with plans to subsequently expand into other global markets.". NIO is one of China's leading electric car manufacturers. After earning a mechanical engineering degree from GMI I spent the next 17 years working on electronic control systems that help cars stop, go and change direction before I drove away to write about what other engineers were creating. Why It Matters: The collaboration with NIO builds on Mobileye’s AV leadership and its ability to deliver a new era of transportation for drivers and passengers in China and beyond. The company also partnered with Chinese electric car startup Nio in late 2019 to develop autonomous vehicles that consumers can buy. After earning a mechanical engineering degree from GMI I spent the next 17 years working on, I’ve spent my adult life working in and around the automotive industry.


Growth opportunities remain significant. It can also alert the driver of safe lane change opportunities and execute them when the driver puts their hands on the wheel and taps a switch.

The Mobileye AV Series: The L4 AV kit is a driverless technology solution designed to be integrated in vehicles with autonomous capabilities that help effectively minimize automobile accidents. Chinese electric car startup Nio Inc and Intel Corp's self-driving car technology firm Mobileye on Tuesday said they would partner to develop autonomous vehicles for … Redefining the user experience, NIO provides users with comprehensive, convenient and innovative charging solutions and other user-centric services. CleanTechnica member, supporter, or ambassador, Tesla Model 3 & Wuling Mini EV Shine In Growing Chinese EV Market, New Tesla Model 3 Cars Spotted With Chrome Delete & New Center Console, In Japan, I Could Get A Refurbished 24 kWh Nissan Leaf Battery For $2,400, But In US, It's $10,000, Top 10 Things You Didn’t Know About Offshore Wind Energy, Top 10 Things You Didn't Know About Wind Power, Amazon Shows Off Its New Electric Delivery Van Built By Rivian, 1st All-Electric Vessels In USA Launch In New York — Maid of the Mist, Vestas Introduces Low-Wind Variant Suited For India’s Wind Market, SunPower Creates Two New Leadership Roles To Drive Sustainability & Diversity Initiatives, European Taxpayers Fork Out €32 Billion A Year To Subsidize Polluting Company Cars. Deliveries could double or more in the coming years from Mobileye robotaxis alone. Also like the GM system, ProPilot 2.0 uses an infrared camera watching the driver to ensure they are watching the road. Since 2014 I’ve been combining my communications and engineering knowledge as a principal analyst with Navigant Research covering alternative fuels, advanced driving technologies and connected vehicles.

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