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Another U.S. automaker has signed on to buy Mobileye Global’s advanced driving-assistance software as carmakers continue to double down on autonomous-vehicle technology — and show a clear preference for an approach that Tesla has panned.
Israel-based Mobileye
MBLY described its new customer only as a “top 10 automaker” based in the U.S that will adopt its Surround advanced driver-assistance software (ADAS). That system uses a combination of up to 11 cameras and radars that are controlled by a single chip, which Mobileye says helps keep costs low. The technology enables hands-free, eyes-on driving in designated areas, along with a handful of additional features.