Intel's Mobileye sees $17 billion in assisted-driving product revenues by 2030

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Jerusalem, Israel-based Mobileye, which went public in October last year, is a top player in the ADAS market, which shares components with fully automated self-driving systems but costs much less.

The company said it will continue testing its autonomous vehicle technology in 2023.

Mobileye, which counts BMW, Nissan (OTC:NSANY), Volkswagen (ETR:VOWG_p), among others as its customers added that it expects the volume of its high-end SuperVision product-based vehicles to reach 1.2 million units in 2026.