Mobileye Global (MBLY) Goldman Sachs Communacopia + Technology Conference 2024 summary

Product portfolio and pricing

• Base ADAS generates core revenue, priced at $49–$50 per chip with 70% gross margin.

• Surround ADAS targets future regulations, priced at $175–$200 per chip, also with 70% gross margin.

• SuperVision supports point-to-point driving, priced at $1,200–$1,500 per unit, with 40–45% gross margin.

• Chauffeur adds radar and LiDAR for eyes-off driving, priced at $2,500–$3,000 per unit.

• Drive is a robotaxi solution, generating revenue per mile, priced in the tens of thousands per vehicle.

AI and system architecture

• Compound AI systems blend transformer-based AI with engineered redundancies for safety.

• Transformer-based perception improves efficiency and accuracy over traditional CNNs.

• Legacy geometric techniques provide safety redundancies in object detection.

• Safety and regulatory requirements drive the need for hybrid AI approaches.

Product rollout and mapping

• SuperVision is live in China for highway driving in 160 cities; urban rollout depends on high-definition mapping.

• Collaboration with Zeekr aims to improve REM mapping in China, with a target for urban launch by year-end.

• U.S. and Europe have over 90% road coverage with REM, enabling faster urban deployment.

• Chauffeur targets late 2026 launch with Audi in Europe and likely the U.S.

• Polestar 4 expected to be first SuperVision vehicle in the U.S. by mid-next year, with VW Group launches in 2026.