Fiat Chrysler Automobiles to Join BMW Group, Intel and Mobileye in Developing Autonomous Driving Platform

By   /  August 16, 2017  /  Comments Off on Fiat Chrysler Automobiles to Join BMW Group, Intel and Mobileye in Developing Autonomous Driving Platform

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MIL OSI – Source: BMW Group –

Headline: Fiat Chrysler Automobiles to Join BMW Group, Intel and Mobileye in Developing Autonomous Driving Platform

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

MUNICH, 16 August, 2017 – 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

If you have any queries, please contact
:

BMW Group Business and Finance Communications
Max-Morten Borgmann Tel. +49-89-382-24118 max-morten.borgmann@
bmwgroup.comwww.press.bmw.de
BMW Group Business and Finance Communications
Glenn Schmidt Tel. +49-89-382-24544 glenn.schmidt@
bmwgroup.comwww.press.bmw.de

Intel Corporation
Danielle Mann Tel. +1 973-997-1154 danielle.mann@intel.comnewsroom.intel.com
Markus Weingartner Tel. +49 89 9914 3145  Markus.Weingartner@intel.com

newsroom.intel.com

Mobileye N.V.
Dan Galves CCO / SVP Tel. +1-917-960-1525 dan.galves@mobileye.com
www.mobileye.com
Alexis Blais
Tel. +1-203-682-8270

mobileyepr@icrinc.com

Fiat Chrysler Automobiles Communications       Dianna Gutierrez
Tel. +1-248-512-2921

dianna.gutierrez@fcagroup.com

www.mediafcanorthamerica.com
Fiat Chrysler Automobiles Communications
Rick Deneau
Tel. +1-248-512-2694

rick.deneau@fcagroup.com

www.mediafcanorthamerica.com

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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