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Mobileye Shares Climb as Company Unveils Robotaxi Expansion Strategy
InvestorsHub50d agoneutral
Mobileye Shares Climb as Company Unveils Robotaxi Expansion Strategy

Mobileye Moves Into Autonomous Ride-Hailing MarketMobileye (NASDAQ:MBLY) shares gained 5% on Tuesday after the autonomous driving specialist revealed plans to build and operate its own robotaxi business. The company said it intends to expand beyond its traditional role as a supplier of self-driving technology by launching a fully integrated autonomous ride-hailing operation, with the first service expected to debut in a U.