Israeli Society for Advanced Driver Assistance Systems (ADAS) Mobileye Global Inc. (Nasdaq: MBLY) announced that German automaker Porsche will integrate the automated assistance and navigation features of its SuperVision technology platform into future models.
This is Mobileye’s second such agreement for its platform with a major automotive group after China’s Geely. Porsche includes Volkswagen and Audi and the platform is likely to be used by German automakers of other brands.
Mobileye’s SuperVision system allows drivers to take their hands off the wheel on certain road types and in accordance with a country’s laws and allows the car to follow driver-selected navigation routes, change lanes and overtake slower vehicles ahead.
Published by Globes, Israel business news – en.globes.co.il – May 11, 2023.
© Copyright Globes Publisher Itonut (1983) Ltd., 2023.