BUZZ-Mobileye rises on US robotaxi launch plans

Intel Corporation
Mobileye Global, Inc. Class A

Intel Corporation

INTC

0.00

Mobileye Global, Inc. Class A

MBLY

0.00

** Shares of autonomous driving technology company Mobileye Global MBLY.O rise 7% to $10.1 premarket

** Co plans to launch a vertically integrated robotaxi business in the U.S. in 2027

** Says it will combine Mobileye Drive with Moovit mobility platform and consumer-facing applications

** Plans an initial U.S. fleet of about 100 vehicles in 2027

** Following successful operation of the initial fleet, targets scaling its robotaxi business to about 17,000 vehicles over the next five years

** As of last close, stock down 8.7% YTD


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