MARKET WIRE NEWS

Mobileye Surround ADAS Adds Second Top 10 Automaker

MWN-AI** Summary

Mobileye has announced a significant partnership with a major U.S.-based automaker, which has selected the Mobileye EyeQ™6H processor for its advanced driver assistance systems (ADAS). This collaboration marks the addition of a second top-10 automaker to Mobileye's roster, following a previous agreement with Volkswagen Group. The adoption of the EyeQ6H-powered Mobileye Surround ADAS will equip millions of vehicles globally, with estimates suggesting a delivery target of over 19 million systems, including 9 million from the newly announced automaker.

The Mobileye Surround ADAS solution is designed to integrate seamlessly into software-defined vehicle architectures, offering hands-free driving capabilities on select highways. Unlike first-generation systems, Mobileye's technology lowers costs significantly while facilitating the consolidation of electronic control units (ECUs) by integrating multiple functions and software systems onto a single chip. This advancement is crucial for automakers seeking to modernize their vehicle platforms as demand for hands-free driving features continues to rise.

Mobileye's president and CEO, Prof. Amnon Shashua, emphasized that this collaboration highlights the company's commitment to democratizing safety and technology. The EyeQ6H not only enhances vehicle performance with greater features but also provides automakers with the flexibility required in today's market.

Mobileye Surround ADAS is equipped with a suite of sensors, including multiple cameras and radar systems, allowing for high-speed hands-free driving and improved safety features, such as blind spot detection and pedestrian monitoring. The system leverages REM crowdsourced data, covering the majority of road networks in key markets, ensuring up-to-date navigation and safety measures. This innovative approach solidifies Mobileye's leadership role in the mobility revolution, paving the way for an expanded, safer driving future.

MWN-AI** Analysis

Mobileye's recent partnership with a major U.S. automaker marks a significant advancement in the adoption of advanced driver assistance systems (ADAS) globally. The automaker's decision to integrate Mobileye’s EyeQ™6H technology as standard across a wide range of vehicles signals a strong commitment to enhancing safety and automation in the automotive sector. This deal is crucial, as it projects the delivery of over 19 million EyeQ6H systems, which will substantially boost Mobileye’s revenue stream.

As we analyze this development, several key factors warrant consideration for investors. Firstly, the increasing regulatory pressure for advanced safety features in vehicles, coupled with consumer demand for hands-free driving capabilities, is likely to bolster Mobileye's market position. The simplicity and integration of Mobileye’s technology—consolidating multiple driving functions into one chip—will be a significant selling point, especially as the automotive industry shifts towards software-defined vehicles and seeks cost-effective solutions.

Another critical element is the REM crowdsourced data Mobileye utilizes, which enhances the system's capabilities and coverage significantly. With over 8 million vehicles contributing data, Mobileye is uniquely positioned to capitalize on data-driven advancements, a factor that elevates its technological edge over competitors.

For investors, Mobileye (Nasdaq: MBLY) appears to be an appealing option amid a landscape of rapid technological change. As the industry races towards fully autonomous driving, Mobileye's established reputation in AI and computer vision positions the company for sustained growth. Monitoring the rollout of Surround ADAS in this new automaker and its subsequent impact on sales and market share will be critical indicators to watch in the coming quarters. Additionally, investor sentiment may respond positively to continued partnerships or new contracts involving leading automakers.

**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.

Source: Business Wire

Major U.S.-based automaker selects Mobileye’s EQ6H-powered solution as standard across mass-market to premium vehicles.

Mobileye today announced that a US-based automaker has chosen the Mobileye EyeQ™6H to power future advanced driver assistance systems with hands-free driving on select highways across millions of vehicles worldwide. This deal reflects accelerating demand for Mobileye Surround ADAS™ systems globally, and Mobileye now estimates future delivery of more than 19 million EyeQ6H-based Surround systems, including 9 million from the new automaker announced today in addition to programs by Volkswagen Group announced in March 2025.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260105183141/en/

Illustration of Mobileye Surround ADAS

The new customer will offer Surround ADAS as standard equipment across many mainstream and premium models in software-defined vehicle architectures. Compared to first-generation hands-free, eyes-on highway ADAS systems, the Mobileye Surround ADAS approach significantly lowers costs and supports ECU consolidation efforts for automakers by vertically integrating software systems and multiple driving functions on one chip and one ECU, a key feature for software-defined vehicles.

With regulators increasing performance requirements for ADAS systems globally, and customer demand for hands-free driving on the rise in developed markets, Mobileye expects Surround ADAS-type systems to represent the next generation of mainstream ADAS and to become standard equipment on many European and U.S. models in the near future.

“This selection of Mobileye Surround ADAS by one of the world’s great automakers reflects the power of our approach to democratizing safety and technology,” said Mobileye President and CEO Prof. Amnon Shashua. “Leveraging the EyeQ6H as a powerful central processor for ADAS enables better performance, increased features and greater flexibility to automakers and their customers, all at a lower cost.”

Surround ADAS represents a software-defined set of safety and convenience features, intended for deployment in designated areas and conditions, building on Mobileye’s two decades of experience in automated safety and driving. By leveraging the latest advancements in AI, a suite of multiple cameras and multiple radars totaling up to 11 sensors can be processed by a single EyeQ6H, integrating computer vision, sensor fusion and REM™ crowdsourced driving data.

A typical Mobileye Surround ADAS system uses one forward-looking high-resolution camera, four corner parking cameras, and multiple radars. These systems can enable hands-free, eyes-on driving in designated areas and conditions up to 81 mph or 130 kph, with automated lane change, highway traffic jam assist and cut-in protection. The system is also designed to bolster safety with advanced blind spot detection, evasive maneuver assist, increased pedestrian detection and driver monitoring integrated into the EyeQ operation, along with optional automated parking solutions.

A key to enabling hands-free driving comes from REM crowdsourced data, which covers nearly all highway and arterial roads in the United States and Europe, and more than 90 percent of roads in key Asian markets. To date, more than 8 million vehicles across 18 automotive brands and 50 vehicle models harvest anonymized REM data globally. The high processing power of the EQ6H are also designed to enable over-the-air updates for future features, along with robust cybersecurity protections.

Mobileye (Nasdaq: MBLY) leads the mobility revolution with our autonomous driving and driver-assistance technologies, harnessing world-renowned expertise in artificial intelligence, computer vision, mapping and integrated software and hardware. Since our founding in 1999, Mobileye has enabled the wide adoption of advanced driver-assistance systems that bolster driving safety, while pioneering such groundbreaking technologies as REM™ crowdsourced mapping, True Redundancy™ sensing, and Responsibility Sensitive Safety™ (RSS). These technologies drive the ADAS and AV fields towards the future of mobility – enabling self-driving vehicles and mobility solutions at scale, and powering industry-leading advanced driver-assistance systems. Through 2024, about 200 million vehicles worldwide have been built with Mobileye’s EyeQ technology inside. Since 2022, Mobileye has been listed independently from Intel (Nasdaq: INTC), which retains majority ownership. For more information, visit https://www.mobileye.com .

“Mobileye,” the Mobileye logo and Mobileye product names are registered trademarks of Mobileye Global. All other marks are the property of their respective owners.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260105183141/en/

Media Contact: Justin Hyde, justin.hyde@mobileye.com

FAQ**

How does the partnership with the major U.S.-based automaker impact Mobileye Global Inc. MBLY's market position in the autonomous driving technology sector?

The partnership with a major U.S.-based automaker enhances Mobileye Global Inc.'s market position in the autonomous driving technology sector by providing access to a broader customer base, increased credibility, and potential for accelerated innovation and deployment of its technologies.

What are the anticipated cost savings for automakers utilizing Mobileye Surround ADAS systems powered by EyeQ6H compared to existing solutions?

Automakers utilizing Mobileye Surround ADAS systems powered by EyeQ6H are anticipated to achieve significant cost savings through reduced hardware complexity, lower component costs, and enhanced software efficiency compared to existing ADAS solutions.

With the rise of hands-free driving demand, how will Mobileye Global Inc. MBLY ensure compliance with evolving regulatory performance requirements for ADAS?

Mobileye Global Inc. (MBLY) will ensure compliance with evolving regulatory performance requirements for ADAS by investing in advanced AI-driven technologies, conducting extensive safety testing, and collaborating with regulatory bodies to meet and anticipate new standards.

What are the implications of Mobileye's deployment of over-the-air updates for future features on the long-term profitability of Mobileye Global Inc. MBLY?

The deployment of over-the-air updates by Mobileye is likely to enhance long-term profitability by enabling continuous feature enhancements, reducing costs associated with physical upgrades, and fostering customer loyalty through improved user experience and real-time data integration.

**MWN-AI FAQ is based on asking OpenAI questions about Mobileye Global Inc. (NASDAQ: MBLY).

Mobileye Global Inc.

NASDAQ: MBLY

MBLY Trading

-1.9% G/L:

$7.725 Last:

399,959 Volume:

$7.79 Open:

mwn-app Ad 300

MBLY Latest News

MBLY Stock Data

$2,067,155,226
209,957,772
12.76%
106
N/A
Vehicles
Consumer Discretionary
IL
Jerusalem

Subscribe to Our Newsletter

Link Market Wire News to Your X Account

Download The Market Wire News App