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Mobileye to Provide Car Companies With Autonomous Systems

Mobileye MBLY 0.49 % N.V. has agreements to provide two separate car companies with systems for fully autonomous cars in 2019, deals that give a clearer timetable for when auto makers believe they can start producing vehicles entirely capable of driving themselves.

While there are many Silicon Valley companies, including Alphabet Inc., GOOGL 0.29 % racing to develop autonomous-vehicle technology, Israel-based Mobileye is generally considered a leader given its current share of sales in the market for components needed to enable self-driving features. In an interview, Chairman and Chief Technology Amnon Shashua said the 2019 deals are “fully committed” and “real programs” that will represent an inflection point for the auto industry.

Mr. Shashua declined to name the auto makers signing up for the technology. He did say Volkswagen AG VLKAY -1.15 % , BMW AG BMW -1.53 % and General Motors Co. GM 0.23 % are among the five auto makers in line to buy a system for vehicles produced in 2018 that will allow cars to operate autonomously only when...