Skip to content

Ford joins hands with Intel’s Mobileye on futuristic driving technology

Ford is partnering with Mobileye on next-generation driving technology
Jordan Major

Ford Motor (NYSE: F) has joined hands with the auto tech subsidiary of Intel, Mobileye, to enhance its next-generation of advanced driving and safety features. Reports emerged on July 20 that the automaker plans to update its entire global product lineup with the new technology.

Terms of the deal allow Ford to use Mobileye’s “EyeQ” camera-based detection technologies. Ford will use these technologies for features like ‘forward-collision warning’ together with pedestrian, cyclist, and vehicle detection. These features will also feature in Ford’s upcoming automated driving system.

The financial details of the new deal still remain a secret. However, as part of this deal, the automaker must display Mobileye’s name on its infotainment screens of the vehicles.

Mobileye and Ford have worked together in the past. Nonetheless, this is the first time that the automaker has promised to use the company’s technology for the whole life cycle of its next-generation trucks and cars.

The technology will feature in vehicles like the all-electric Mustang Mach-E crossover, the new Ford Bronco, and next-generation F-150 pickup.

Camera-based technologies like Mobileye’s are integral for active safety features to help avoid crashes. They are also critical for driver-assist systems like General Motors’ Super Cruise and Tesla‘s Autopilot.

Technological advancements

In June, Ford unveiled its in-house hands-free driving system known as Active Driver Assist. The Mustang Mach-E and F-150 are expected to be among the first vehicles to have this technology installed in 2021.

On its part, the Bronco will use Mobileye’s systems but will not have the hands-free driving system at launch, based on official Ford reports.

Intel acquired Israel-based Mobileye for around $15.3 billion in 2017. The company ranks as a leader in advanced driving technology. Its customers include 13 of the top 15 automakers worldwide, according to the company.

Best Crypto Exchange for Intermediate Traders and Investors

  • Invest in cryptocurrencies and 3,000+ other assets including stocks and precious metals.

  • 0% commission on stocks - buy in bulk or just a fraction from as little as $10. Other fees apply. For more information, visit etoro.com/trading/fees.

  • Copy top-performing traders in real time, automatically.

  • eToro USA is registered with FINRA for securities trading.

30+ million Users
Securities trading offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. Finbold.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD

Read Next:

Finance Digest

By subscribing you agree with Finbold T&C’s & Privacy Policy

Related posts

Sign Up

or

By submitting my information, I agree to the Privacy Policy and Terms of Service.

Already have an account? Sign In

Services

Disclaimer: The information on this website is for general informational and educational purposes only and does not constitute financial, legal, tax, or investment advice. This site does not make any financial promotions, and all content is strictly informational. By using this site, you agree to our full disclaimer and terms of use. For more information, please read our complete Global Disclaimer.