(Reuters) – 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 the consumer market in China and eventually other countries.
Under the agreement, Nio will manufacture and produce at mass scale a self-driving system designed by Mobileye, which will be integrated into Nio’s electric-vehicle consumer lines, as well as Mobileye’s driverless ride-hailing services.
Kit - Mobileye - Vision - Chip - Camera
The self-driving kit provided by Israel-based Mobileye includes the vision processing chip, camera, radar and lidar sensors, as well as safety and mapping software.
Nio will also develop a version of self-driving electric vehicles that Mobileye will deploy as robotaxis for ride-hailing services in global markets.
Details - Partnership
No financial details of the partnership were disclosed.
The companies plan an initial release in China beginning in 2022, Mobileye President and Chief Executive Officer Amnon Shashua told Reuters in an interview on Monday.
Deal - Nio - Data - Compliance - Regulations
“The deal with Nio will also enable us to harvest data in compliance with Chinese regulations and improve mapping to support autonomous driving,” Shashua said.
The Mobileye CEO added that a rollout...
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