The Dutch company Mobileye will get hundreds of millions of euros for the development of a system to make cars semi-autonomous drive. The technology of the company is now already used by BMW and General Motors.
With the investment of only more than 300 million euro is the company, that for financial reasons the head office in the Netherlands, but the lion’s share of its activities in Israel, valued at more than a billion euro, so let Mobileye know. The money comes from five investors, and is intended to be to develop a system that allows the car to have a part of the work of the driver can take over. That system should be in 2016 come on the market.
The technology of Mobileye does not lead to a self-propelled car, such as that of Google, but it is more a advanced version of current concepts, such as the system that enables the car’s self-parking technology and equipment which collision avoidance by alerting or automatically applying the brakes. It is not intended that the car itself controls; the driver’s attention remains necessary.
The investment means that the company is the technology likely to be faster to develop. The system should be like a extra to be embedded in current models of manufacturers.
A current system of Mobileye, which uses the smartphone of the user. This is not the system to which the Amsterdam based company and is now working.