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Technology Stocks : Driverless autos, trucks, taxis etc.

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From: Sam5/2/2021 12:00:02 AM
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Mobileye and Udelv Ink Deal for Autonomous Delivery
Udelv Customers will use ‘Transporter’ for last- and middle-mile autonomous deliveries.

  • Mobileye’s self-driving system ? branded Mobileye Drive™ ? will be the autonomous “driver” for Udelv’s next-generation electric self-driving delivery vehicle, called “Transporter,” which was revealed today.
  • Fleets of Transporters will begin operations in 2023; more than 35,000 Mobileye-driven Transporters will be produced between 2023 and 2028.
  • First pre-order of 1,000 Udelv Transporters announced today by Donlen, one of America’s largest commercial fleet leasing and management companies.
  • Premiere deal signals commercial readiness of Mobileye Drive™ for large-scale deployment in the movement of goods and people and maturity of Udelv’s delivery technology.
JERUSALEM, Israel, and BURLINGAME, Calif., April 12, 2021 – Mobileye, an Intel Company, and Udelv, a Silicon Valley venture-backed company, announced that Mobileye’s self-driving system ? branded Mobileye Drive™ ? will “drive” the next-generation Udelv autonomous delivery vehicles (ADV), called “Transporters.” The companies plan to produce more than 35,000 Mobileye-driven Transporters by 2028, with commercial operations beginning in 2023. Today’s news is believed to be the first large-scale deal for a self-driving system and signals that Mobileye Drive is ready for commercial deployment in solutions involving the autonomous movement of goods and people.

More: Mobileye Drive (Fact Sheet) | Autonomous Driving/Mobileye (Press Kit) | Mobileye News | Udelv ‘Transporter’ (Video)

“Our deal with Udelv is significant for its size, scope and rapid deployment timeline, demonstrating our ability to deliver Mobileye Drive™ for commercial use now and in volume,” said Prof. Amnon Shashua, Mobileye president and CEO. “COVID-19 has accelerated demand for autonomous goods delivery, and we are delighted to partner with Udelv to address this demand in the near term.”

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