LONDON, Aug. 16, 2017 /PRNewswire/ --
- BMW Group, Intel Corporation, Mobileye, an Intel company, and
Fiat Chrysler Automobiles (FCA) signed a memorandum of
understanding for FCA to join them in developing a world leading,
state-of-the-art autonomous driving platform
- The cooperation allows the companies to leverage each other's
individual strengths, capabilities and resources
- The platform will be scalable for Level 3 to Level 4/5
automated driving and can be used by multiple automakers around the
world while maintaining their unique brand identities
BMW Group, Intel and Mobileye announced today that they have
signed a memorandum of understanding with the intention for Fiat
Chrysler Automobiles (FCA) to be the first automaker to join them
in developing a world leading, state-of-the-art autonomous driving
platform for global deployment.
The development partners intend to leverage each other's
individual strengths, capabilities and resources to enhance the
platform's technology, increase development efficiency and reduce
time to market. One enabler to achieve this will be the co-location
of engineers in Germany, as well
as other locations. FCA will bring engineering and other technical
resources and expertise to the cooperation, as well as its
significant sales volumes, geographic reach and long-time
experience in North America.
"In order to advance autonomous driving technology, it is vital
to form partnerships among automakers, technology providers and
suppliers," said FCA Chief Executive Officer Sergio Marchionne. "Joining this cooperation
will enable FCA to directly benefit from the synergies and
economies of scale that are possible when companies come together
with a common vision and objective."
In July 2016, BMW Group, Intel,
and Mobileye announced that they were joining forces to make
self-driving vehicles a reality by collaborating to bring solutions
for highly automated driving (Level 3) and fully automated driving
(Level 4/5) into production by 2021. Since then, they have been
designing and developing a scalable architecture that can be used
by multiple automakers around the world, while at the same time
maintaining each automaker's unique brand identities.
The cooperation remains on-track to deploy 40 autonomous test
vehicles on the road by 2017 year-end. It also expects to benefit
from leveraging data and learnings from the recently announced 100
Level 4 test vehicle fleet of Mobileye, an Intel Company,
demonstrating the scale effect of this collaborative
approach.
"The two factors that remain key to the success of the
cooperation are uncompromising excellence in development, and the
scalability of our autonomous driving platform," said Harald
Krüger, Chairman of the Board of Management of BMW AG. "With FCA as
our new partner, we reinforce our path to successfully create the
most relevant state-of-the-art, cross-OEM Level 3-5 solution on a
global scale."
"The future of transportation relies on auto and tech industry
leaders working together to develop a scalable architecture that
automakers around the globe can adopt and customize," said
Brian Krzanich, Intel CEO. "We're
thrilled to welcome FCA's contribution, bringing us a step closer
to delivering the world's safest autonomous vehicles."
"We welcome FCA's contributions and use of the cooperation's
platform, which has made substantial progress over the last year
and is rapidly entering the testing and execution phase," stated
Professor Amnon Shashua, Chief
Executive Officer and Chief Technology Officer of Mobileye, an
Intel Company. "The combination of vision-intense perception and
mapping, differentiated sensor fusion, and driving policy solutions
offers the highest levels of safety and versatility, in a
cost-efficient package that will scale across all geographies and
road settings."
BMW Group, Intel, Mobileye and FCA, together with the recently
announced development partners and system integrators, invite and
welcome additional automakers and technology suppliers to join them
in adopting this autonomous driving platform in an effort to create
an industry-wide solution.
#futureofdriving2021
About the BMW Group
With its four brands BMW, MINI, Rolls-Royce and BMW Motorrad, the
BMW Group is the world's leading premium manufacturer of
automobiles and motorcycles and also provides premium financial and
mobility services. As a global company, the BMW Group operates 31
production and assembly facilities in 14 countries and has a global
sales network in more than 140 countries.
In 2016, the BMW Group sold approximately 2.367 million cars and
145,000 motorcycles worldwide. The profit before tax was
approximately € 9.67 billion on revenues amounting to € 94.16
billion. As of 31 December 2016, the
BMW Group had a workforce of 124,729 employees.
The success of the BMW Group has always been based on long-term
thinking and responsible action. The company has therefore
established ecological and social sustainability throughout the
value chain, comprehensive product responsibility and a clear
commitment to conserving resources as an integral part of its
strategy.
About Intel
Intel (NASDAQ: INTC) expands the boundaries of technology to make
the most amazing experiences possible. Information about Intel can
be found at newsroom.intel.com and intel.com.
About Mobileye, an Intel Company
Mobileye, an Intel Company is the global leader in the development
of computer vision and machine learning, data analysis,
localization and mapping for Advanced Driver Assistance Systems and
autonomous driving. Our technology keeps passengers safer on
the roads, reduces the risks of traffic accidents, saves lives and
has the potential to revolutionize the driving experience by
enabling autonomous driving. Our proprietary software
algorithms and EyeQ® chips perform detailed interpretations of the
visual field in order to anticipate possible collisions with other
vehicles, pedestrians, cyclists, animals, debris and other
obstacles. Mobileye's products are also able to detect
roadway markings such as lanes, road boundaries, barriers and
similar items; identify and read traffic signs, directional signs
and traffic lights; create a RoadBook™ of localized drivable paths
and visual landmarks using REM™; and provide mapping for autonomous
driving. Our products are or will be integrated into car
models from more than 25 global automakers. Our products are also
available in the aftermarket.
About Fiat Chrysler Automobiles
Fiat Chrysler Automobiles (FCA), one of the world's largest
automakers based on total annual vehicle sales, is an international
automotive group. FCA designs, engineers, manufactures and sells
vehicles and related parts and services, components and production
systems worldwide through 162 manufacturing facilities, 87 R&D
centers, and dealers and distributors in more than 140 countries.
Its stable of brands include Abarth, Alfa Romeo, Chrysler, Dodge,
Fiat, Fiat Professional, Jeep, Lancia, Ram, SRT, Maserati and
Mopar, the parts and service brand. The Group's businesses also
include Comau (production systems), Magneti Marelli (components)
and Teksid (iron and castings). In addition, the Group provides
retail and dealer finance, leasing and rental services in support
of the car business through subsidiaries, joint ventures and
commercial agreements with specialized financing services
providers. FCA is listed on the New York Stock Exchange under the
symbol "FCAU" and on the Mercato Telematico Azionario under the
symbol "FCA".
Forward-Looking Statements
This press release contains certain forward-looking statements.
Words such as "believes," "intends," "expects," "projects,"
"anticipates," and "future" or similar expressions are intended to
identify forward-looking statements. These statements are only
predictions based on our current expectations and projections about
future events. You should not place undue reliance on these
statements. Many factors may cause our actual results to
differ materially from any forward-looking statement, including the
risk factors and other matters set forth in the public filings of
each of the parties to this press release. No party undertakes any
obligation to update or revise any forward-looking statement,
whether as a result of new information, future events or otherwise,
except as may be required by law.
Intel and the Intel logo are trademarks of Intel in the United States and some other
countries.
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