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A DMV spokesperson said the company had registered three 2015 Lexus RX450h SUVs to be driven by six Apple employees with expertise in autonomous vehicles. (Photo: Bloomberg)

Mobileye leads Israeli charge into China's autonomous car market

Chinese investment in Israeli technology has been on the rise for years.

9 Jan 2019 11:43 AM IST

Deep-pocketed companies such as Intel, which is sitting on USD 11.4 billion cash, are expected to forge ahead with their investments in fields they believe will turn into gold mines. After Intel bought Mobileye, the self-driving car startups revenue has ballooned from $210 million in 2017 to $879 million last year. Thats a reflection of the big bets being placed on automated driving by both major technology companies, such as Google spinoff Waymo and Apple, and automakers such as General Motors and Toyota. (Photo | Mobileye)

Intel buys Moovit app to boost its self-driving car business in an age...

The chip maker plans to combine Moovit with Mobileye, a self-driving car specialist that Intel bought for about USD 15...

5 May 2020 3:20 PM IST

A technology analyst said Zoox has one of the better autonomous driving offerings but is currently suffering from its inability to forecast market readiness and demand for its product. (Photo | Zoox)

Amazon enters ride-hailing space with purchase of self-driving taxi...

Amazon and Zoox will compete with robotaxi offerings from Waymo, Cruise, Uber and Mobileye.

26 Jun 2020 8:40 PM IST

An increasing number of companies are rolling out autonomous machines that boost the production efficiency but also, at the same time, reduce the need for human employees.

Intel bets on selling Mobileye data, with maps a first test

Self-driving car data could bring in $450-$750 billion globally by 2030

15 March 2017 9:30 PM IST

(Representational image)

Intel invested in five self-driving startups

Among the startups funded in part by Intel Capital, the chipmaker's venture capital arm, are: LISNR, Perrone Robotics,...

14 March 2017 8:46 AM IST

BMW eyes 100,000 electric car sales in 2017: Sueddeutsche

BMW, Mobileye in deal to collect map data for self-driving cars

BMW has said it aims to put a fleet of 40 self-driving test vehicles on the road in the second half of this year.

22 Feb 2017 8:51 AM IST

The police seized the Mercedes, they are taking the help of the Regional Transport Office (RTO) to track down its owner and the driver. (Representational Image)

Mercedes joins forces with Bosch to develop self-driving taxis

Tech companies and carmakers are preparing for a new way of doing business in the auto industry as customers use...

4 April 2017 9:14 PM IST