Mobileye, Intel's self-driving startup, applies for an IPO

Mobileye, Intel’s self-driving startup, applies for an IPO

While Mobileye has sold its technology to firms such as BMW, Nissan, Volkswagen, and others, it is also attempting to develop its own fleet of autonomous cars for delivery and ride-hailing services. Mobileye revealed intentions to start a robotaxi service in Germany this year, as well as a driverless delivery service in 2023. The company is now testing self-driving vehicles in New York City and has announced a partnership with Chinese carmaker Geely to begin selling self-driving cars in the nation.