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Blog Coverage Mobileye Partners with Lucid Motors, Set to Deliver ADAS Technologies

Upcoming AWS Coverage on Splunk Post-Earnings Results

LONDON, UK / ACCESSWIRE / January 3, 2017 / Active Wall St. blog coverage looks at the headline from Mobileye N.V. (NYSE: MBLY) as the Company announced luxury mobility firm Lucid Motors announced a collaboration on December 30, 2016 to facilitate autonomous driving capability for vehicles from Lucid. The technologies from Mobileye would enable an Advanced Driver Assistance System (ADAS) initially and would assist in developing a logical and safe transition to completely autonomous driving eventually. Register with us now for your free membership and blog access at: http://www.activewallst.com/register/.

One of Mobileye's competitors within the Application Software space, Splunk Inc. (NASDAQ: SPLK), reported on November 29, 2016, its fiscal third quarter ended October 31, 2016. AWS will be initiating a research report on Splunk in the coming days.

Today, AWS is promoting its blog coverage on MBLY; touching on SPLK. Get all of our free blog coverage and more by clicking on the links below:

http://www.activewallst.com/registration-3/?symbol=MBLY

http://www.activewallst.com/registration-3/?symbol=SPLK

About the Companies

Lucid Motors is a Silicon Valley firm founded in 2007. Based in Menlo Park, California, Lucid excels in designing, developing, and building electric vehicles. It applies innovative design, engineering, and technology to develop a new class of premium electric vehicles.

Mobileye is the leading manufacturer and supplier of software for the flagship ADAS. The firm boasts of a team of more than 450 engineers and partners with more than25 automakers, including the likes of BMW and Intel. Mobileye's flagship ADAS technology finds its application in over 15 million vehicles as of now.

The Autonomous EV portfolio

Lucid Motors has set its footsteps into the overly competitive segment of Electric vehicles populated by the likes of Apple Inc. (NASDAQ: AAPL), Alphabet (NASDAQ: GOOGL), and Tesla Motors (NASDAQ: TSLA). On the preliminary level, Lucid plans to launch its first car, the Lucid Air, which would include features like camera, radar, and LIDAR sensors. Driven by ADAS suite for Lucid, this car would boast a full 8-camera surround view processing, sensor fusion software, reinforcement learning algorithms, and Road Experience Management (REM) crowd-based localization capability.

Mobileye banks on its flagship EyeQ4 chips and is expected to provide a dual set of EyeQ4 system-on-chips that would power a surround view system, offering a full 360-degree visual perception. The firm will additionally offer sensor fusion software incorporating useful data from RADAR and LIDAR sensors along with the 360-degree view camera sets.

The REM system

Mobileye REM system is set to strengthen the environmental model necessary for the development of autonomous driving vehicles. This technology would deliver the vehicle a highly accurate localization capability. Lucid vehicles will access the real-time updating dynamic global Roadbook™ high-definition mapping system. Additionally, the data generated from Lucid vehicles can be used to update and enhance the software and contribute to the Mobileye Global Roadbook™.

The failed partnership with Tesla

On July 26, 2016, Mobileye's stocks plunged by almost 20% when it announced the termination of its contract with Tesla Motors beyond the current processor, EyeQ3 in its cars. However, this failed contract did not deter Lucid Motors to collaborate with Mobileye.

Mobileye is still the leading manufacturer and developer of ADAS technology and develops through partnerships with firms such as Delphi Motors, HERE Mapping Company, and Calsonic.

Lucid views an eventual collaborative development, enabling ADAS and finally, Autonomous Driving on Lucid Motor vehicles. Mobileye will offer a complete range of automated driving technology solutions offering automated driving systems in Lucid Air.

Stock Performance

At the close of trading session on December 30, 2016, Mobileye's stock price marginally declined 0.83% to end the day at $38.12. A total volume of 5.46 million shares were exchanged during the session, which was above the 3-month average volume of 2.92 million shares. The Company's share price has gained 2.39% in the past one month. The stock currently has a market cap of $8.43 billion and is trading at a PE ratio of 95.78.

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