Mobileye announces US robotaxi service launch in 2027
Mobileye Global announced on June 16, 2026, that it will launch its own fully driverless robotaxi service in a major U.S. city starting in 2027, deploying about 100 vehicles initially and scaling to roughly 17,000 over five years. The Jerusalem-based self-driving technology supplier will combine its Mobileye Drive system with Moovit’s mobility platform, directly competing with customers like Waymo, Zoox, and Tesla. CEO Amnon Shashua said the move complements existing supply partnerships and aims to accelerate autonomous mobility adoption.
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Innoviz Technologies Backs Mobileye Robotaxi Push With LiDAR Supply Deal
Mobileye Global Inc. announced plans to launch its own ride-hailing service in the United States in 2027, deploying roughly 100 robotaxis with ambitions to scale to 17,000 vehicles over five years. The initiative combines Mobileye Drive self-driving system with Moovit's digital infrastructure. Innoviz Technologies will supply nine InnovizTwo LiDARs per vehicle, representing a potential opportunity of over 150,000 units as the fleet scales. However, Jefferies analyst Vanessa Jeffriess initiated coverage with an 'Underperform' rating and $8 price target, citing uncertain medium- to long-term outlook. Mobileye also expanded into robotics by acquiring Mentee Robotics Ltd. The stock rose 16.63% on the news.
Yahoo FinanceMobileye Stock Announces Robotaxi Expansion Plans
Mobileye (MBLY) stock rose on June 16 after announcing plans to launch a vertically integrated autonomous ride-hailing business. The self-driving technology company will deploy an initial fleet of 100 fully driverless robotaxis in a major U.S. city in 2027, with plans to scale to about 17,000 vehicles over five years if successful. Mobileye will blend its Mobileye Drive autonomous system with Moovit's digital mapping and passenger infrastructure, partnering with external vehicle platforms and fleet managers rather than manufacturing its own cars. The move is seen as bullish for MBLY shares as it provides direct access to the autonomous mobility-as-a-service market and a continuous revenue stream beyond hardware sales. Wall Street analysts maintain a 'Moderate Buy' consensus with a mean price target of $13.17, suggesting over 35% upside. The stock is up nearly 50% from its March low.
Yahoo FinanceMobileye targets 2027 US robotaxi launch as it expands its fleet operations
Mobileye (NASDAQ: MBLY) announced plans to launch a fully driverless robotaxi service in a major US city in 2027, marking a strategic shift from solely supplying autonomous driving systems to directly operating a ride-hailing fleet. The initial deployment will involve roughly 100 vehicles, combining Mobileye's self-driving technology stack (Mobileye Drive) with its Moovit mobility platform, fleet management, rider apps, and teleoperation infrastructure. The company aims to expand the fleet to approximately 17,000 vehicles over five years, subject to operational validation. CEO Amnon Shashua stated the move addresses industry dependence on a few technology providers and business models. Mobileye will collaborate with vehicle manufacturers, fleet operators, and technology suppliers. The company noted that over 230 million vehicles have been produced with its technology to date. Shares rose 2.7% following the announcement.
Yahoo FinanceMobileye targets 2027 US robotaxi launch as it expands its fleet operations
Mobileye (NASDAQ:MBLY) announced a strategic shift to directly operate a robotaxi service, planning a 2027 launch in a major US city with an initial fleet of about 100 vehicles. The service will integrate Mobileye's self-driving technology (Mobileye Drive) with its Moovit mobility platform, covering the full ride-hailing value chain including fleet operations and trip planning. The company aims to expand to approximately 17,000 vehicles over five years, subject to validation. CEO Amnon Shashua stated the move combines autonomous driving expertise with operational control, complementing Mobileye's existing model of licensing technology to automakers. Shares rose 2.7% on the announcement.
Yahoo FinanceMobileye plans U.S. robotaxi service launch in 2027
Mobileye announced on June 16, 2026, that it will launch its own autonomous ride-hailing service in the U.S. in 2027, shifting from its traditional role as a self-driving technology supplier. The initial deployment will involve about 100 vehicles in a large U.S. city, with plans to expand the fleet to around 17,000 vehicles over five years. The service will integrate Mobileye's self-driving system (Mobileye Drive) with the mobility platform of its subsidiary Moovit, which serves over 1.7 billion users globally. CEO Amnon Shashua emphasized that this initiative complements existing partnerships with automakers and mobility providers. The company's shares rose roughly 6% on the news. The announcement comes amid increasing competition in the robotaxi industry, with Waymo, Tesla, and Lyft already operating or planning similar services. Mobileye plans to share more details at a Capital Markets Day before the end of 2026.
Yahoo FinanceMobileye Plans U.S. Robotaxi Service Launch in 2027
Mobileye announced plans to launch its own autonomous ride-hailing service in the United States in 2027, marking a strategic shift from its traditional role as a self-driving technology supplier. The initial deployment will involve approximately 100 vehicles in a large U.S. city, with fully driverless operations, and the company aims to grow the fleet to around 17,000 vehicles over five years. The service will combine Mobileye's self-driving system, Mobileye Drive, with the mobility platform of its Moovit subsidiary, which serves over 1.7 billion users across 112 countries. Additionally, it will include fleet management, AV mission control, and teleoperation infrastructure. CEO Amnon Shashua emphasized that this move complements, rather than replaces, existing partnerships with automakers and mobility providers. The announcement comes amid increasing competition in the robotaxi industry from Waymo, Tesla, and Lyft. Mobileye's shares rose approximately 6% on the news. The company plans to share more details at a Capital Markets Day in the U.S. before the end of 2026.
Yahoo FinanceMobileye announces U.S. robotaxi service launch in 2027
Self-driving technology supplier Mobileye Global announced on Tuesday its plan to launch a robotaxi service in the U.S., deploying an initial fleet of 100 vehicles in a major U.S. city starting in 2027. The company aims to scale the fleet to approximately 17,000 vehicles over the following five years. Mobileye, based in Jerusalem, saw its shares rise about 6% on the news. CEO Amnon Shashua said the company sees an opportunity for a new approach built on deep autonomous-driving expertise and strong industry partnerships. The move puts Mobileye in direct competition with some customers that use its Mobileye Drive technology, but the company stated it remains committed to supplying those customers and views the competition as a complementary path to market to demonstrate its platform's capabilities at scale.
US Top News and AnalysisMobileye to launch robotaxi business in US next year
Mobileye Global announced on Tuesday that it will launch its own robotaxi service in the United States in 2027, directly competing with some of its own customers in the autonomous vehicle sector. The Jerusalem-based company plans to deploy about 100 vehicles in a major U.S. city initially, with an ambition to scale the fleet to roughly 17,000 over five years. Shares rose more than 5% in premarket trading following the news. The company emphasized that this initiative will complement, not replace, its existing business supplying advanced driver-assistance systems to automakers. The announcement comes amid increasing investment in driverless technology and shifting partnerships. Last year, Lyft said it would deploy Mobileye-powered autonomous robotaxis in Dallas as soon as 2026.
Yahoo FinanceMobileye plans US robotaxi service next year, competing with customers
Mobileye Global announced on June 16, 2026, that it will launch its own robotaxi service in a major U.S. city starting in 2027, deploying about 100 vehicles initially and scaling to roughly 17,000 over five years. The move puts the self-driving technology supplier in direct competition with customers like Alphabet's Waymo, Amazon's Zoox, and Tesla. Mobileye will combine its self-driving system (Mobileye Drive) with the digital infrastructure of its Moovit subsidiary to operate the service, but will not manufacture its own vehicles, instead collaborating with external platform makers and fleet integrators. CEO Amnon Shashua said operating its own service will accelerate adoption and showcase autonomous mobility. Analysts noted the move is unlikely to affect client relationships if data boundaries and customer economics remain clearly separated. The company emphasized that the initiative does not change its supply commitments to customers. Lyft previously announced plans to deploy Mobileye-powered robotaxis in Dallas as soon as 2026.
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