FCA aligns with BMW/Intel/Mobileye autonomous project image

While FCA has been associated in the autonomous field with Google’s Waymo mostly, the company has recently announced it has entered in a joint venture with German automaker BMW and tech giant Intel’s Mobileye division.

The quest – develop an autonomous vehicle platform and then work towards bringing an autonomous vehicle to the market around 2021. The group was formed about a year ago by BMW and Intel, then joined by Mobileye even before it was acquired by the latter – and now we see it developing further with the addition of another automotive partner. The cooperation is reportedly designed to lower costs, as well as leverage each company’s strengths in the bid to bring to market fully self-driving vehicles by the year 2021. Development is set to take part at various locations around the world – including Germany and North America, but also Israel – and also better target main markets such as Germany and the United States.

“In order to advance autonomous driving technology, it is vital to form partnerships among automakers, technology providers and suppliers,” said FCA Chief Executive Officer Sergio Marchionne. “Joining this cooperation will enable FCA to directly benefit from the synergies and economies of scale that are possible when companies come together with a common vision and objective.” The project was initiated back in July 2016, and decided to have self-driving technology ready for the market by 2021, with highly automated driving (level 3) first and then followed by fully automated driving (level 4/5).