[msb-alumni] BMW to deliver self-driving car by 2021
- From: Steve <pipeguy920@xxxxxxxxx>
- To: <msb-alumni@xxxxxxxxxxxxx>
- Date: Mon, 4 Jul 2016 15:40:38 -0400
BlankTime to start saving money!
BMW to deliver self-driving car by 2021 Nathan Bomey , USA TODAY
Germany luxury automaker BMW said Friday that it would introduce a fully
self-driving car by 2021 after striking a technology partnership with Intel and
Mobileye.
The announcement reflects a significant step forward for autonomous vehicles,
marking the first time a major automaker has committed to a timeline for a car
that doesn't require human interference. The statement reflects a bold step for
engineers who are still facing significant engineering hurdles in the race to
deliver
self-driving cars.
Today, a few models have semi-automated highway driving, such as Tesla Motors'
Model S sedan and General Motors' upcoming Cadillac CT6. But even as BMW's
announcement made waves Friday, the auto industry was still reeling'from
Thursday's revelation that a Tesla' Model S sedan owner was 'recently killed in
a crash with the vehicle's Autopilot feature activated .
Without addressing Tesla directly, BMW, Intel and Mobileye said in a statement
that they "are convinced that automated driving technologies will make travel
safer and easier. BMW said its goal is to reach a level where drivers can take
their "eyes off" the road altogether.
BMW's engineering and manufacturing heritage, Mobileye's expertise in sensors,
location and road imagery, and Intel's algorithm expertise and processing power
are collectively fueling the partnership.
The first self-driving car will be dubbed the BMW iNEXT, but the companies said
their goal is to create a technological platform that will be offered to other
automakers for the advancement of self-driving vehicles.
"The combined expertise of Intel, Mobileye and the BMW Group will deliver the
next core building block to bring fully automated driving technology to the
street," BMW chairman Harald Kreger said in a statement. "With this
technological leap forward, we are offering our customers a whole new level of
sheer driving pleasure whilst pioneering new concepts for premium mobility."
The partnership reflects the auto industry's increasing acceptance of outside
technological partners to accelerate self-driving vehicles. But it also
reflects
the technology industry's need for auto manufacturing and engineering
expertise.
For instance, Fiat Chrysler recently reached a deal with Google to manufacture
100 self-driving minivans.
Mobileye's broadly recognized advancements in the field of self-driving car
technology, won a significant validation with the BMW deal. Mobileye's stock
(MBLY) jumped 10% from Wednesday's close to Thursday's close of $46.14 after
news of the deal was initially reported.
"Today marks an important milestone for the automotive industry as we enter a
world of new mobility," Mobileye chairman, co-founder and chief technology
officer Amnon Shashua said in a statement. "Together with BMW Group and Intel,
Mobileye is laying the groundwork for the technology of future mobility that
enables fully autonomous driving to become a reality within the next few
years."
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