Mobileye Global said on Tuesday it would launch its own robotaxi service in the United States next year, putting the self-driving technology supplier in direct competition with some of the very customers it serves.
The Jerusalem, Israel-based company, which provides advanced driver-assistance systems to automakers, plans to deploy about 100 robotaxis in a major U.S. city starting in 2027, with ambitions to scale the fleet to roughly 17,000 over the next five years. Shares of Mobileye rose more than 2%.
The move will put Mobileye in direct competition with Alphabet’s Waymo, Amazon’s Zooxand Tesla’s self-driving vehicles, as they jostle to emerge as leaders in a market with huge potential.