Intel recently purchased mobility startup Moovit for $900 million and intends to create an app-based ride-hailing service using Moovit and Mobileye technology. The company is already doing autonomous vehicle testing in Jerusalem, and plans to deploy self-driving fleets in Tel Aviv, Daegu City, South Korea and Paris by 2022.
Mobileye is working on two self-driving systems. One is based purely on cameras, much like Tesla’s Autopilot, while the other uses radar, LiDAR and other depth-detection sensors. So far, it has not proven (nor has any other self-driving company) that its systems are remotely ready for hands-off level 5 or even level 4 self-driving. Tesla CEO Elon Musk recently said that its full self-driving systems are “very close,” but German regulators recently ordered it to stop mentioning “autonomous driving” or “Autopilot” in its ads.
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