Intel’s Israel-based driverless car unit Mobileye has secured a contract to deliver eight million cars with self-driving technology to a European car manufacturer.

Neither the financial details of this contract for advanced driver assisted systems or the identity of the European company have been disclosed, reported Reuters.

This contract indicates the speed that automakers are keen to introduce self-driving technologies to the market.

This deal will begin in 2021, which is when Intel’s EyeQ5 chip will be launched.

EyeQ5 chip will be an upgrade of EyeQ4 that is set to be launched next month. It will be rolled out in the coming weeks, said Erez Dagan, senior vice-president for advanced development and strategy at Mobileye.

Intel and its unit are currently competing in the market to offer chip and machine vision systems for automated cars.

“By the end of 2019, we expect over 100,000 Level 3 cars with Mobileye installed.”

In the future, cars will be partially automated, implying that the vehicle will be automatically driven but the driver is still required to be alert.

In 2017, Intel bought the Israeli firm for $15.3bn. According to estimates, around 27 millions cars on the road currently have some kind of driver assisted systems and Mobileye has around 70% share in this segment, reported Reuters.

Mobileye’s chief executive Amnon Shashua was quoted by the news agency as saying: “By the end of 2019, we expect over 100,000 Level 3 cars with Mobileye installed.”

Currently, Mobileye has teamed up with several car manufacturers such as General Motors, Nissan, Audi, BMW, Honda, to provide Level 3 technologies by 2019.

Furthermore, it is testing advanced Level 4 technology in Ford Fusion hybrids, which will be installed with 12 small cameras and four of EyeQ4 chips.

According to Mobileye, the Level 4 systems will begin production in 2021.