Mobileye partners with Stellantis to bring cloud-powered ADAS technology to future vehicles

Mobileye stock rises on Stellantis partnership for cloud ADAS By Investing.com

Investing.com -- Mobileye (NASDAQ:MBLY) shares rose 5% Tuesday morning following the announcement that the company will supply its Cloud-Enhanced Advanced Driver Assist technology to select future Stellantis vehicles starting in 2027. The partnership will integrate Mobileye's REM Road Experience Management technology into certain Stellantis models, enabling features such as intelligent lane keeping on unmarked roads and hands-free, eyes-on driving in designated areas and conditions. The first planned applications are expected in select U.S. models next year. Stellantis joins five of the world's ten largest automakers now contributing data to Mobileye's REM technology, which generated data from over 8 million vehicles covering 34 billion miles last year. The crowdsourced intelligence stream covers more than 95% of public roads in the United States and Europe. Mobileye's REM technology uses front-facing cameras in EyeQ-equipped vehicles to gather crowdsourced data about road features and driving environments, including curbs, crosswalk locations and typical driving paths. This anonymized data is transmitted to the cloud and processed into an intelligence layer that supports ADAS and autonomous vehicle technologies. The technology provides constantly updated insights about signals, lanes, average comfort speeds and other features, which are then sent back to vehicles on the road. REM data covers various road types from highway to urban areas in the United States and Europe, with growing coverage in Asian, North American and South American markets. "We're proud to expand our work with Stellantis, bringing a new level of intelligence to the vehicle itself through REM and the EyeQ6L," said Nimrod Nehushtan, Mobileye Executive Vice President of Business Development and Strategy. Through 2025, more than 230 million vehicles worldwide have been built with Mobileye's EyeQ technology inside. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Stellantis to use Mobileye REM technology for group vehicles

(Alliance News) - Stellantis NV said on Tuesday that Mobileye, a global leader in advanced driver-assistance technologies and autonomous vehicles, will provide its Cloud-Enhanced Advanced Driver Assist technology on certain future vehicles planned for 2027. Stellantis will use the technology, which already covers more than 95% of public roads in the US and EU. 'Thanks to REM technology enabled through cloud-based ADAS,' Mobileye said in a statement, the capability 'is designed to support specific safety and comfort functions in certain future Stellantis models, from intelligent lane keeping on unmarked roads to hands-free driving with eyes on the road in designated areas and conditions'. The system will use the front camera of vehicles equipped with EyeQ 'to collect selected crowdsourced data on road features and the driving environment, from the location of curbs and pedestrian crossings to typical driving paths'. The anonymized data are transmitted to the cloud and automatically processed in an artificial intelligence layer 'capable of supporting ADAS, automated driving and autonomous vehicle technologies, providing constantly updated information on signs, lanes, average comfort speeds and other semantic features, which are then sent to vehicles on the road'. Stellantis shares are trading down 0.6% at €5.024 per share. By Michele Cirulli, Alliance News reporter