Mobileye Lands Deal with US Automaker, Raises Production Forecast

• Mobileye's estimated future deliveries now exceed 19 million EyeQ6H-based Surround ADAS systems, with approximately 9 million units tied to the new U.S. automaker deal and existing Volkswagen contracts announced in March
• The Surround ADAS system consolidates multiple driving and safety functions onto a single chip, offering hands-free, eyes-on highway driving with features like automated lane changes and traffic-jam assistance while reducing complexity and costs for automakers
• Mobileye is pivoting focus toward advanced driver-assistance systems as a near-term growth driver amid slower-than-expected rollout of fully autonomous vehicles

Summary

Key Development:

Mobileye Global Inc., Intel's self-driving technology unit, announced Monday it has secured a major contract with an unnamed top-10 U.S. automaker for its next-generation chip technology, prompting the company to raise its production forecast.

Deal Specifications:

The agreement will see Mobileye's system integrated as standard equipment across the automaker's mass-market and premium vehicle models. Combined with an existing March agreement with Volkswagen Group, Mobileye now projects future deliveries exceeding 19 million EyeQ6H-based Surround ADAS systems—including approximately 9 million units tied to the newly announced U.S. automaker partnership.

Technology Details:

The Surround ADAS (Advanced Driver-Assistance Systems) platform enables hands-free, eyes-on highway driving and consolidates multiple driving and safety functions onto a single chip and electronic control unit. The system integrates multiple cameras, radars, and crowdsourced mapping data to support automated lane changes, traffic-jam assistance, cut-in protection at highway speeds, and over-the-air software updates.

Market Context:

The deal reflects accelerating adoption of advanced driver-assistance systems amid intense competition among U.S. and European automakers developing hands-free highway driving capabilities. Mobileye has strategically pivoted to emphasize ADAS as a near-term growth driver following slower-than-anticipated commercial rollout of fully autonomous vehicles. The technology helps automakers reduce costs by simplifying increasingly complex vehicle electronics.

Strategic Impact:

This partnership significantly expands Mobileye's market presence in the critical U.S. automotive sector and validates its technology platform as a preferred solution for next-generation driver assistance systems.