NIO Inc. has announced a strategic collaboration with Mobileye, a global leader in the development of vision technology for Advanced Driver Assistance Systems (ADAS) and autonomous driving. The partnership will bring Level 4 Autonomous Driving Vehicles to consumers in China and beyond.
As part of the planned cooperation, NIO will engineer and manufacture a self-driving system designed by Mobileye, which is owned by Intel. NIO says it will mass-produce the system for Mobileye and also integrate the technology into its electric vehicle lines for consumer markets and for Mobileye’s driverless ride-hailing services.
William Li, founder, chairman and chief executive officer of NIO, says: “We look forward to building our strategic collaboration with Mobileye in autonomous driving technology development, to further enhance the safety and capabilities of our vehicles, as we strive to be the next-generation car company and the best user enterprise.”
Prof. Amnon Shashua, Intel. Sr. Vice President and President and CEO of Mobileye, adds, “We are thrilled by the promise and potential of collaborating with NIO on electric autonomous vehicles, for both consumers and robotaxi fleets. We value the opportunity to bring greater road safety to China and other markets through our efforts and look forward to NIO’s support as Mobileye builds a transformational mobility service across the globe.”
NIO Inc. is a pioneer in China’s premium electric vehicle market. It was founded in November 2014.