Exclusive-Mobileye set to ship at least 46 million new assisted driving chips

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SAN FRANCISCO : Israeli automotive tech company Mobileye said on Wednesday it had secured orders to ship 46 million of its EyeQ6 Lite assisted-driving chips over the next few years as automakers race to makes cars safer and easier to drive.

Mobileye is selling the EyeQ6 Lite in all major markets around the world, and cars with the technology will be launched in the middle of this year, according to Mobileye's Nimrod Nehushtan, executive vice president of business strategy and development.

The EyeQ6 Lite system is Mobileye's mass market product for vehicles with some assisted driving features, such as automated cruise control and lane-changing, but not designed to power ones with higher levels of automation that allow drivers to take their hands off the wheel and eyes off the road. The EyeQ6 Lite, for example, is capable of reading text phrases on road signage, like a speed limit that is only active on weekday mornings, or a city entrance sign that implies a lower speed limit.

 

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