Join gaming leaders online at GamesBeat Summit Next this upcoming November 9-10. Learn more about what comes next.
(Reuters) — Volkswagen and Intel’s Mobileye are planning to roll out Israel’s first ride-hailing service using self-driving cars starting early next year.
The two companies are forming a joint venture with Israeli car importer Champion Motors, under which Volkswagen will provide the electric vehicles and Mobileye its autonomous driving technology, the companies said in a statement on Monday.
The service, called “Mobility-as-a-Service”, is expected to be commercialized by 2022, with Champion Motors running the fleet operations and control center.
The Israeli government, which has accepted the proposal, will also support it by sharing required infrastructure and traffic data, the companies said.
Automakers are teaming up with tech companies to gain a head start in driverless technology, which is expected to upend the transportation industry.
Honda announced an investment of $2.75 billion in General Motors’s Cruise self-driving vehicle unit to jointly develop autonomous vehicles for deployment in ride services fleets around the world.
(Reporting by Arunima Banerjee in Bengaluru; Editing by Anil D’Silva)
VentureBeatVentureBeat's mission is to be a digital town square for technical decision-makers to gain knowledge about transformative technology and transact. Our site delivers essential information on data technologies and strategies to guide you as you lead your organizations. We invite you to become a member of our community, to access:
- up-to-date information on the subjects of interest to you
- our newsletters
- gated thought-leader content and discounted access to our prized events, such as Transform 2021: Learn More
- networking features, and more