Mobileye to supply Stellantis with cloud-based driver assistance technology

July 21 : Mobileye Global will supply Stellantis with cloud-driven advanced driver-assistance technology, the Israeli company said on Tuesday, as automakers race to meet rising demand for connected safety systems.The ADAS hardware maker's shares were up about 6 per cent in premarket trading.The companies said select models from Stellantis, the parent of Jeep and Chrysler, will integrate Mobileye's Road Experience Management technology from 2027, using crowdsourced road data to improve lane keeping and hands-free driving.ADAS has become one of the auto industry's fastest-growing technologies as carmakers race to offer increasingly sophisticated safety and convenience features and generate higher-margin software revenue. The technology is widely seen as a step toward fully autonomous driving