Mobileye Shares Climb as Company Unveils Robotaxi Expansion Strategy
Key takeaways
- As part of the initiative, Mobileye aims to deploy an initial fleet of approximately 100 autonomous vehicles in a major metropolitan area in the United States.
- The rollout is expected to take place gradually throughout 2027 under fully driverless operating conditions.
- Following the launch phase, the company plans an aggressive expansion strategy that could increase the fleet to roughly 17,000 vehicles over the subsequent five years.
Mobileye Shares Climb as Company Unveils Robotaxi Expansion Strategy Fiona Craig Tue, June 16, 2026 at 7:08 PM GMT+7 2 min read MBLY mobileye robotaxi NEW SIZE ©Gilvan Cameino Mobileye Moves Into Autonomous Ride-Hailing Market Mobileye (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.S. city in 2027.
As part of the initiative, Mobileye aims to deploy an initial fleet of approximately 100 autonomous vehicles in a major metropolitan area in the United States.