Mobileye’s new sign-detection technology has received formal
homologation across Europe -- the first vision-only solution that
meets the new EU requirements – and is expected to go into
production from Q4 2023.
Mobileye has introduced the world’s first vision-only
Intelligent Speed Assist (ISA) solution for automakers, following
testing and certification across Europe. The camera-only solution,
launching in production vehicles this year, helps global automakers
meet new European Union (EU) General Safety Regulation (GSR)
standards requiring automatic sensing of speed limits in all new
vehicle models, without the need to rely on third-party map and GPS
data.
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Using only cameras, Mobileye technology
can detect a wide array of traffic signs to support Intelligent
Speed Assist systems. (Photo: Mobileye)
The new software, designed for Mobileye’s EyeQ platform, has
been certified for use in all 27 EU countries as well as Israel,
Norway, Switzerland, and Turkey. The EyeQ4 and EyeQ6-based ISA
system allows OEMs whose vehicles already integrate these chips to
meet the new standards merely by updating the EyeQ’s existing
software, without any new hardware requirements.
The Mobileye ISA system is expected to be integrated by a major
global auto group into two vehicle brands for models going on sale
in Europe later this year, with three other global automakers
following close behind in 2024 and beyond.
“This is a major accomplishment for Mobileye, because we’ve
proven to the industry not only that achieving GSR-compatible
vision-only ISA is possible, but also that it performs better than
traditional map-based solutions,” said Dr. Gaby Hayon, Executive
Vice President of Research and Development at Mobileye.
The certified solution, resulting from more than two years of
work building on Mobileye’s two decades of experience in computer
vision and machine learning, is the industry’s first of its kind.
Current alternatives rely on a combination of cameras and
low-resolution maps to meet the EU standards, a solution that
typically brings higher cost with complexity and integration
efforts, while providing less reliable performance.
Mobileye has developed several cutting-edge technologies that
upgraded the legacy traffic sign recognition technology to meet GSR
requirements, including:
- Traffic sign relevancy technology that identifies
whether a speed sign is relevant to a specific lane,
- Signature-based classification that loads the
‘signature’ of a new traffic sign to the vehicle, even for new
signs that were introduced after the vehicle’s manufacture,
- OCR-based city entrance identification for
European-style signs,
- Advanced search engines that allow finding examples of
rare signs in Mobileye’s huge clips database and integrate them
into the system, and
- Road-type classifier that can work out the right speed,
even when traffic signs are missing, by using different cues in the
scene to detect the road type.
“Mobileye’s 400-petabyte database of driving footage, gathered
from around the world, enables us to rapidly meet the growing
requirements of automotive safety regulators with new software
designed for our existing driver-assist platforms,” said Hayon.
“After successfully surpassing GSR ISA standards during stringent
testing, we look forward to collaborating with automakers to
implement this lifesaving technology in Europe and beyond.”
As of July 2024, all new passenger vehicles sold in the EU must
meet specific GSR ISA requirements, as confirmed by rigorous
testing, such as being able to detect static and dynamic message
speed-limit signage across hundreds of signs, with thousands of
country-specific variants, including both explicit and implicit
signs, and in harsh weather and adverse lighting conditions. They
must also understand temporary speed limits for construction,
accidents, or other issues, often given by digital signage, and
implicit speed limits such as city entrance.
Speeding contributes to one third of fatal vehicle crashes in EU
Member States according to the European Road Safety Observatory,
and experts say the new regulations could reduce collisions by as
much as 30 percent, and fatalities by up to 20 percent. Under the
new regulation, all systems will be required to let drivers know
what speed limits are in effect either actively- in which a vehicle
automatically slows down gently towards a posted limit--or
passively, in which the ISA system alerts drivers when they exceed
posted limits.
Six independent labs across five different European countries
have tested and confirmed that Mobileye’s ISA software meets or
exceeds the EU's required standards, with additional testing and
certification underway. In the future, Mobileye will continue
advancing the system to ensure new sign recognition over the next
14 years per GSR certification requirements.
About Mobileye Global Inc.
Mobileye (Nasdaq: MBLY) is a leader of the mobility revolution
with its autonomous driving and driver-assistance technologies,
harnessing world-renowned expertise in computer vision, artificial
intelligence, mapping, and data analysis. Since its founding in
1999, Mobileye has pioneered such groundbreaking technologies as
REM™ crowdsourced mapping, True Redundancy™ sensing, and
Responsibility Sensitive Safety (RSS). These technologies are
driving the ADAS and AV fields towards the future of mobility –
enabling self-driving vehicles and mobility solutions, powering
industry-leading advanced driver-assistance systems and delivering
valuable intelligence to optimize mobility infrastructure. To date,
more than 140 million vehicles worldwide have been built with
Mobileye technology inside. In 2022 Mobileye listed as an
independent company separate from Intel (Nasdaq: INTC), which
retains majority ownership.
“Mobileye,” the Mobileye logo and Mobileye product names are
registered trademarks of Mobileye Global. All other marks are the
property of their respective owners.
Forward-Looking Statements
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although not all forward-looking statements contain these words. We
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circumstances and at such time. You should understand that these
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many factors could affect our actual financial results or results
of operations and could cause actual results to differ materially
from those expressed in the forward-looking statements. Detailed
information regarding these and other factors that could affect
Mobileye’s business and results is included in Mobileye’s SEC
filings, including the company’s Annual Report on Form 10-K for
fiscal year 2022, particularly in the section entitled “Item 1A.
Risk Factors,” and in the preliminary prospectus and in any
subsequent filings with the SEC relating to the offering. Copies of
these filings may be obtained by visiting our Investor Relations
website at ir.mobileye.com or the SEC’s website at www.sec.gov.
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Media: Justin Hyde, Justin.Hyde@Mobileye.com +1
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