HANNOVER, Germany - Volkswagen AG (OTC:VWAGY), through its subsidiary Volkswagen (ETR:VOWG_p) ADMT GmbH, has announced a collaboration with Mobileye Global (NASDAQ:MBLY) Inc., a leader in autonomous driving technology, to bring Level 4 autonomous vehicles to the commercial market.
The agreement focuses on the integration of Mobileye's self-driving system into Volkswagen's electric ID. Buzz AD, aiming for deployment in mobility and transport services by 2026.
The partnership leverages Mobileye's expertise in software, hardware components, and digital mapping to enable the ID. Buzz AD to operate autonomously within specific urban areas. The vehicle will be equipped with advanced technologies including high-performance computers, cameras, lidar, radar units, and a constant online connection for real-time data and map updates.
Christian Senger, a Volkswagen Commercial Vehicles board member, emphasized the significance of the collaboration in developing the first fully autonomous large-scale production vehicle. This move aligns with Volkswagen's strategy to address the growing demand for autonomous mobility solutions and the logistics industry's challenge of driver shortages.
The ID. Buzz AD's development benefits from shared automated driving systems within the Volkswagen Group, allowing for synergies across different levels of automation. The vehicle is part of a broader initiative within the group, which includes MOIA's ride pooling service in Hamburg, to enhance urban mobility and logistics services.
Volkswagen's commitment to reshaping transportation is evident in its portfolio, which includes the Transporter, Multivan, Caddy, Crafter, Amarok, and the fully electric ID. Buzz. The company's focus extends to autonomous driving and mobility services, positioning itself as a leader in the future of sustainable and intelligent transportation.
This collaboration with Mobileye, a company renowned for its autonomous driving and driver-assistance technologies, marks a significant step in Volkswagen's journey towards offering advanced mobility solutions. The integration of Mobileye's technology into Volkswagen's vehicles is expected to play a crucial role in addressing transportation challenges and enhancing the quality of life in cities.
The information for this article is based on a press release statement.
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