Struck a partnership with Intel and Mobileye to enter autonomous car market...
BMW has announced it's teaming up with both Intel and Israeli tech firm Mobileye to develop self-driving cars.
The German car maker is aiming to get its autonomous motors on the road in five years time, as it enters a burgeoning industry currently dominated by the likes of Tesla and Google.
In a statement released on Friday, BMW said:
"Together with Intel and Mobileye, the BMW Group will develop the necessary solutions and innovative systems for highly and fully automated driving to bring these technologies into series production by 2021.
"The BMW iNEXT model will be the foundation for BMW Group’s autonomous driving strategy and set the basis for fleets of fully autonomous vehicles, not only on highways but also in urban environments for the purpose of automated ridesharing solutions.
"BMW Group, Intel and Mobileye are convinced that automated driving technologies will make travel safer and easier.
"The goal of the collaboration is to develop future-proofed solutions that enable the drivers to not only take their hands off the steering wheel, but reach the so called 'eyes off' (level 3) and ultimately the 'mind off' (level 4) level transforming the driver’s in-car time into leisure or work time.
"This level of autonomy would enable the vehicle, on a technical level, to achieve the final stage of traveling 'driver off' (level 5) without a human driver inside. This establishes the opportunity for self-driving fleets by 2021 and lays the foundation for entirely new business models in a connected, mobile world."