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BMW Group, Intel and Mobileye have announced that they have signed a memorandum of understanding with the intention for Fiat Chrysler Automobiles (FCA) to be the first automaker to join them in developing an autonomous driving platform.

BMW Autonomous Vehicle

The new partners intend to leverage each other’s individual strengths, capabilities and resources to enhance the platform’s technology, increase development efficiency and reduce time to market. FCA will bring engineering and technical resources to the partnership, as well as its significant sales volumes, geographic reach in North America.

“In order to advance autonomous driving technology, it is vital to form partnerships among automakers, technology providers and suppliers,” said FCA Chief Executive Officer Sergio Marchionne. “Joining this cooperation will enable FCA to directly benefit from the synergies and economies of scale that are possible when companies come together with a common vision and objective.”

In 2016, BMW Group, Intel, and Mobileye teamed up on self-driving vehicles with the goal for highly automated driving (Level 3) and fully automated driving (Level 4/5) vehicles to enter production by 2021. The team is on-track to deploy 40 autonomous test vehicles on the road by the end of 2017.

“The two factors that remain key to the success of the cooperation are uncompromising excellence in development, and the scalability of our autonomous driving platform,” said Harald Krüger, Chairman of the Board of Management of BMW AG. “With FCA as our new partner, we reinforce our path to successfully create the most relevant state-of-the-art, cross-OEM Level 3-5 solution on a global scale.”

“The future of transportation relies on auto and tech industry leaders working together to develop a scalable architecture that automakers around the globe can adopt and customize,” said Brian Krzanich, Intel CEO. “We’re thrilled to welcome FCA’s contribution, bringing us a step closer to delivering the world’s safest autonomous vehicles.”

Source: BMW