Ridesharing giant Lyft CEO David Risher has said that his company is teaming with Israeli advanced driving assistance systems (ADAS) company Mobileye Global Inc (Nasdaq: MBLY) to launch robotaxis in Dallas in 2026. The plan was first reported by “TechCrunch,” which said that more markets would follow.
Following the report yesterday, Mobileye’s share price jumped 12%. The share price is currently down 0.22% on Wall Street, giving a market cap of $14.524 billion.
Published by Globes, Israel business news – en.globes.co.il – on February 11, 2025.
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