Mobileye Accelerates Self-Driving Car Technology With Delphi Deal

The road to self-driving cars got a little more crowded Tuesday, as Mobileye (MBLY) announced it will partner with General Motors (GM) supplier Delphi Automotive (DLPH) to jointly develop off-the-shelf autonomous driving technology for automakers. The two companies announced they will co-develop "the market's first turnkey Level 4/5 automated driving solution," which carmakers could begin integrating into vehicles starting in 2019. Level 5 is totally self-driving, while Level 4 is close to complete autonomy. All the major automakers and a number of the largest tech companies are working to develop self-driving cars, mostly through joint ventures. This month, General Motors said it was testing self-driving cars in Scottsdale, Ariz.