Overview
- The deal lifts expected deliveries of EyeQ6H-based Surround ADAS to more than 19 million systems, with about 9 million tied to the new customer alongside Volkswagen Group programs.
- The unnamed top-10 U.S. automaker plans to make Surround ADAS standard on many mainstream and premium models.
- Surround ADAS enables hands-free, eyes-on driving on selected highways and supports automated lane changes, traffic-jam assistance and cut-in protection.
- The system combines multiple cameras, radars and crowdsourced road-mapping data on a single EyeQ6H chip and ECU, enabling over-the-air updates and lowering integration costs.
- Mobileye shares rose after the announcement, with Benzinga reporting an 8.28% premarket gain.