NEWS HIGHLIGHTS
- Volkswagen Group, Mobileye and Champion
Motors have announced plans to commercialize Mobility-as-a-Service
(MaaS) with self-driving vehicles in Israel.
- Volkswagen Group will provide the
electric vehicles (EVs) as well as its in-depth knowledge about the
design and deployment of mobility services. Mobileye, an Intel
Company, will provide a full turn-key hardware and software
self-driving system validated for level-4, driverless capability.
Champion Motors will be responsible for fleet logistics and
infrastructure of the MaaS deployment and scaling.
- The Israeli government supports the
project proposal of the three partner companies.
- Development will begin in early 2019
and roll out in phases reaching full commercialization in
2022.
The Volkswagen Group, Mobileye, an Intel Company, and Champion
Motors announced plans to deploy Israel’s first self-driving ride
hailing service – or Mobility-as-a-Service (MaaS) – starting next
year. For this, the partners are planning to establish a joint
venture. The planned cooperation is subject to approval by the
responsible authorities and bodies. Operating as “New Mobility in
Israel,” the group’s proposal was formally accepted by the Israeli
government during a private ceremony today at the Smart Mobility
Summit in Tel Aviv.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20181029005630/en/
The Volkswagen Group, Intel's Mobileye
and Champion Motors on Monday, Oct. 29, 2018, announced plans to
deploy Israel’s first self-driving ride hailing service in 2019.
The Volkswagen Group will provide the electric vehicles and bring
in its in-depth knowledge and competency about design and
deployment of user-centered mobility services. (Credit: Volkswagen
Group)
The Volkswagen Group will provide the electric vehicles (EVs)
and bring in its in-depth knowledge and competency about design and
deployment of user-centered mobility services. Mobileye will
provide its level-4 AV Kit – a turn-key, driverless solution
comprised of hardware, driving policy, safety software and map
data. Champion Motors will run the fleet operations and control
center. Together, the three companies will add the mobility
platform and services, content and other MaaS tools, ensuring a
seamless rider experience in the deployment of a full-stack MaaS
offering.
The government of Israel has committed to support the project in
three main areas: furnishing legal and regulatory support, sharing
the required infrastructure and traffic data, and providing access
to infrastructure as needed. While New Mobility in Israel will be
Israel’s first commercial MaaS service with self-driving vehicles,
all facilitations and rulings will be applied to all other ventures
that wish to operate a MaaS in Israel.
Volkswagen, Mobileye and Champion Motors will use New Mobility
in Israel to serve as a global beta site for testing the
Mobility-as-a-Service model using autonomous electric vehicles. The
project will start in early 2019 and scale to commercialization by
2022. New Mobility in Israel will roll out in phases and grow
quickly from several dozen to hundreds of self-driving electric
vehicles.
This initiative harnesses the disruptive power of several trends
in the automotive industry: autonomous vehicle platforms changing
the way we control vehicles, electric vehicles changing how we
power vehicles, and Mobility-as-a-Service changing how we access
mobility.
“We firmly believe that self-driving electric vehicles will
offer Israel and cities around the world safe, clean and
emission-free mobility, which is accessible and convenient. We are
looking forward to this partnership with our local partners
Mobileye and Champion Motors from Israel,” said Dr. Herbert Diess,
CEO of the Volkswagen Group.
“We are delighted to embark on a joint venture with a
world-leading automotive OEM, aimed at delivering a
transformational mobility service,” said Professor Amnon Shashua,
Mobileye CEO and senior vice president at Intel. “Our service aims
to intelligently and dynamically adapt to the urban mobility needs
of the 21st Century, catering to the mobility-mileage demands
within the city while minimizing the direct/indirect incurred
societal costs – air/noise pollution, congestion and safety.”
“Champion Motors is investing in autotech and smart mobility in
order to continue providing the Israeli customers with the best and
most advanced products and services in this area,” said Professor
Itzhak Swary, chairman of the board of directors at Champion
Motors. “We are proud to partner with Volkswagen and Mobileye and
strengthen our collaboration through this pioneering project, which
positions Israel at the spearhead of innovation.”
About Volkswagen Group
Based in Wolfsburg, Germany, the Volkswagen Group is one of the
world's leading carmakers and the largest car manufacturer in
Europe. Twelve brands from seven European countries belong to the
Group: Volkswagen Passenger Cars, Audi, SEAT, ŠKODA, Bentley,
Bugatti, Lamborghini, Porsche, Ducati, Volkswagen Commercial
Vehicles, Scania and MAN. The Group operates 120 production
facilities in 20 European countries and in 11 countries in America,
Asia and Africa. More than 610,000 employees around the globe
produce almost 42,000 vehicles every working day, are involved in
vehicle-related services or work in other business areas. The
Volkswagen Group sells its vehicles in 153 countries. With its
future program TOGETHER – Strategy 2025, the Volkswagen Group has
paved the way for the biggest change process in its history: its
restructuring to become one of the world's leading providers of
sustainable mobility.
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 Champion Motors
Champion Motors, a fully owned company by Allied Group, has been
successfully representing the Volkswagen Group in Israel since 1965
as the direct importer and distributor of Volkswagen, Audi, ŠKODA,
SEAT and Volkswagen commercial vehicles. Champion Motors holds a
key position in the Israeli market as the second-largest car
importer and distributor with an active role in the automotive and
smart mobility ecosystem. It provides both funding to start-ups as
well as business opportunities through joint ventures with the VW
Group such as ŠKODA AUTO DigiLab Israel, XPLORA by SEAT and now
New Mobility in Israel.
About Intel
Intel (NASDAQ: INTC), a leader in the semiconductor industry, is
shaping the data-centric future with computing and communications
technology that is the foundation of the world’s
innovations. The company’s engineering expertise is helping
address the world’s greatest challenges as well as helping secure,
power and connect billions of devices and the infrastructure of the
smart, connected world – from the cloud to the network to the edge
and everything in between. Find more information about Intel at
newsroom.intel.com and intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in
the United States and other countries.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20181029005630/en/
Intel Corporation/MobileyeDanielle
Mann973-997-1154danielle.mann@intel.comorIntel
Corporation/MobileyeRobin
Holt503-616-1532robin.holt@intel.comorChampion MotorsAmi
Karraso054-2002042Ami@onepr.co.ilorVolkswagen GroupDr. Stefan
ErnstPhone: +49 (0) 5361 9 86267Mobile: +49 (0) 1525 25 96
976stefan.ernst1@volkswagen.de
Intel (NASDAQ:INTC)
Historical Stock Chart
From Mar 2024 to Apr 2024
Intel (NASDAQ:INTC)
Historical Stock Chart
From Apr 2023 to Apr 2024