U.S. chip company Qualcomm and German automaker BMW team up to introduce automated driving system featuring hands-free driving assistance. The Snapdragon Ride Pilot system will debut in BMW’s electric iX3, offering hands-free highway driving, automatic lane changes, and parking assistance. Qualcomm’s technology is validated for use in over 60 countries, with plans for expansion to more than 100 by 2026. The system does not provide fully autonomous “Level 5” driving, but Qualcomm aims for $8 billion in annual automotive chip revenue by 2029. Competition in the automated driving market is fierce, with companies like Nvidia and Mobileye Global also vying for clients. Ride Pilot is now available to global automakers and Tier-1 suppliers, offering a new option in driver-assistance systems that are becoming increasingly popular among automakers like Tesla and GM.

Read more at Yahoo Finance: Qualcomm, BMW launch automated driving system to better compete in growing market