Tech Bigwigs to Watch Amid Rising Autonomous Driving Wave Zacks.com 2 hrs ago
Driverless vehicles are constantly gaining strong traction in the data-driven world on the heels of AI-powered autonomous driving technology and continuous developments in the advanced driver-assistance system.
Moreover, advancements in predictive algorithms are making self-driving vehicles more reliable for public transportation as well as widely accepted by the public by adding strong safety features.
Notably, tech bigwigs such as
Alphabet GOOGL,
Apple AAPL and
Baidu BIDU are leaving no stone unturned to expand their footprint in the autonomous vehicle market, which is currently growing at an exponential rate.
Udelv to use Mobileye DRIVE in more than 35,000 autonomous delivery vehicles
Mobileye, an Intel Company, and Udelv, a Silicon Valley venture-backed company, announced that Mobileye’s self-driving system Mobileye Drive will “drive” the next-generation Udelv autonomous delivery vehicles (ADV), called “Transporters.” The companies plan to produce more than 35,000 Mobileye-driven Transporters by 2028, with commercial operations beginning in 2023.
Our deal with Udelv is significant for its size, scope and rapid deployment timeline, demonstrating our ability to deliver Mobileye Drive for commercial use now and in volume. COVID-19 has accelerated demand for autonomous goods delivery, and we are delighted to partner with Udelv to address this demand in the near term.
Mobileye and Udelv Ink Deal for Autonomous Delivery
JERUSALEM & BURLINGAME, Calif. Mobileye, an Intel Company, and Udelv, a Silicon Valley venture-backed company, announced that Mobileye’s self-driving system ― branded Mobileye Drive™ ― will “drive” the next-generation Udelv autonomous delivery vehicles (ADV), called “Transporters.” The companies plan to produce more than 35,000 Mobileye-driven Transporters by 2028, with commercial operations beginning in 2023. Today’s news is believed to be the first large-scale deal for a self-driving system and signals that Mobileye Drive is ready for commercial deployment in solutions involving the autonomous movement of goods and people. “Our deal with Udelv is significant for its size, scope and rapid deployment timeline, demonstrating our ability to deliver Mobileye Drive™ for commercial use now and in volume,” said Prof. Amnon Shashua, Mobileye president and CEO. “COVID-19 has accelerated demand for autonomous go
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Intel’s Mobileye teams with Udelv to launch 35,000 driverless delivery vehicles by 2028
Intel subsidiary Mobileye is ratcheting up its autonomous vehicle ambitions and getting into delivery.
The company said Monday it struck a deal with Udelv to supply its self-driving system to thousands of purpose-built autonomous delivery vehicles. The companies said they plan to put more than 35,000 autonomous vehicles, dubbed Transporters, on city streets by 2028. Commercial operations are slated to begin in 2023.
Donlen, a U.S. commercial fleet leasing and management company, has made the first preorder for 1,000 of these Udelv Transporters.
The announcement is notable for both companies. Udelv, which initially launched as an autonomous vehicle delivery startup, has opted to adopt Mobileye’s self-driving system and focus on “creating the hardware and software that allows for autonomous deliveries,” its CEO Daniel Laury said in an emailed statement to TechCrunch.