Intel-owned Mobileye is reportedly making inroads into the Chinese market and has recently secured a number of significant contracts with companies seeking to incorporate its ADAS products.
A Mobileye company executive David Oberman told the Nikkei Asian Review that it has secured contracts with electric bus and carmakers in China.
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"Mobileye is already working with electric bus manufacturers in China. Yutong, the biggest bus maker in the world, is already using Mobileye," he told Nikkei. "They make 70,000 buses every year, and they've decided to put Mobileye in every electric bus."
Oberman also told Nikkei the company is working with Nio, a Chinese electric car startup bankrolled by Tencent and Baidu.
The report noted that Mobileye rival Nvidia is also working hard to grab share in the burgeoning ADAS/driverless tech market in China.
1.8m
Volume of adaptive cruise control units, OE light vehicles in China 2017
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By GlobalData
Nvidia has announced that it is partnering with Baidu to accelerate the development of artificial intelligence, including autonomous driving technology.
