Few companies have professed more sweeping ambitions in the automated-driving technology realm than Intel Corp. and its Mobileye subsidiary.
Now Mobileye has added fresh updates to long-standing blueprints that have included everything from engineering advanced driver-assist systems to purchasing a consumer-facing transit app to developing its own lidar sensors, and much more.
At last week's IAA Mobility in Munich, the company unveiled the six-passenger, electric autonomous vehicle that it will use for driverless ride-hailing service, slated to start next year in Tel Aviv, Israel, and Munich.
Service in Munich will be run in conjunction with a new partner, rental car company Sixt, the companies said last week. Mobileye will own the vehicles while Sixt handles ongoing maintenance and operations. The vehicles arise from Mobileye's partnership with Chinese electric vehicle maker Nio.
They will operate under the Sixt and MoovitAV banners, the latter being an updated version of the mobility-as-a-service and transit brand that Mobileye acquired for $900 million in May 2020. Working together, the two companies intend to start in Munich in mid-2022 and have "dozens" of vehicles on the road in 2023, says Mobileye CEO Amnon Shashua.