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Stock impact report

Lyft and Mobileye Team Up to Enable Autonomous Mobility at Scale

Mobileye Global Inc. (MBLY) 
Company Research Source: Business Wire
JERUSALEM--(BUSINESS WIRE)--Lyft, Inc. (Nasdaq: LYFT), one of the largest transportation networks in North America, and Mobileye (Nasdaq: MBLY), a leading provider of self-driving technology and advanced driver assistance systems (ADAS), announced today plans for an alliance that aims to facilitate the widespread commercialization of autonomous vehicles' services by industry-leading fleet operators.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241106840555/en/Lyft and Mobileye logos. (Graphic: Business Wire)Using the latest advancements in AI for autonomy, Mobileye provides AV technology to an ecosystem of purpose-built vehicle manufacturers, who integrate Mobileye’s AV technology in AV-ready vehicles for purchase by vehicle fleet operators and transportation service providers. The alliance of Lyft and Mobileye intends to leverage Lyft’s network of 40 million annual riders and exceptional reputation as a leading transp Show less Read more
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