Fiat Chrysler tags along with the self-driving crackerjack threesome (BMW, Intel, & Mobileye) to develop a high-grade autonomous platform
Category: #world  By Saipriya Iyer  Date: 2017-08-18
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Fiat Chrysler tags along with the self-driving crackerjack threesome (BMW, Intel, & Mobileye) to develop a high-grade autonomous platform

The recent collaboration between Intel, BMW, and Mobileye that took place some time back sent waves of anticipation in the automotive fraternity, and was touted as one of the most important deals pertaining to the self-driving vehicle sector. Now, the talented triad witnesses the entry of a new member – Fiat Chrysler Automobiles (FCA). The company has just signed a memorandum of understanding (MoU) with the trio for working together to develop a self-driving platform, which is most likely to open up a plethora of opportunities for FCA to contribute its highly advanced technical resources and engineering expertise to big league. FCA is also expected to act as the sole point of compass for the self-driving platform.

As the experts aptly elucidate, the giants operating in the automotive industry have been ferociously vying with one another to lead the race in the self-driving vehicle spectrum, however, given the infancy of the business sphere, M&As and mutual collaborations are commonplace, with players changing business partner preferences without any draconian commitment issues toward one partner in the collaboration. FCA’s inclusion in the BMW-Intel-Mobileye alliance is rather crucial however, especially if this iconic triad plans to help achieve critical mass as an alternative for other carmakers.

Since the tie-up had been announced, BMW, Intel and Mobileye had already been working with diligence to build a self-driving platform, which has apparently been designed in a way that is scalable from SAE Level 3 to Level 4 and Level 5 self-driving. The alliance aims to field a suitable platform to commercially deploy these cars by 2021. Further information reveals that the joint venture plans to have 40 autonomous test cars on the road by the end of this year.

Expert consultants claim that the market for self-driving cabs is likely to surpass USD 2 trillion by the year 2030, subject to younger customers likely to run out on vehicle ownership and prefer the pay-per-use mobility service.

As per the statements released by Fiat Chrysler, the company aims to deploy the self-driving car technology in the production race by the year 2021, which apparently, is the same time reign during which the rival companies plan to launch their range of autonomous cars. According to a report released by a major consulting firm, self-driving cars are likely to contribute to around 10% to 15% of the vehicles in Europe by the year 2030. Of late, state experts, automakers have been forging strategic collaborations with an aim to share the exorbitant costs that may be incurred while developing autonomous cars.



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Saipriya Iyer

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Saipriya Iyer

Saipriya Iyer develops content for Market Size Forecasters, Algosonline, and myriad other platforms. A computer engineer by profession, she ventured into the field of writing for the love of playing with words. Having had a previous experience of 3 years under her bel...

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