Intel plans to take Mobileye, the advanced driver assistance and automated driving subsidiary it acquired for $15 billion more than four years ago, public next year. Spinning Mobileye out into a separate publicly traded company could increase value for Intel shareholders, its parent company said in an announcement that went out late Monday. A source […]
The Station: Apple car shakeup, how Sept. 11 changed travel, and a pledge from airlines
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Hi readers: Welcome to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. Twenty […]
Intel’s Mobileye, rental giant Sixt to launch a robotaxi service in Germany next year
Intel subsidiary Mobileye and rental car giant Sixt SE plan to launch a robotaxi service in Munich next year, the CEOs of the two companies announced Tuesday during the IAA Mobility show in Germany. The robotaxi service is leveraging all of Intel’s, and more specifically Mobileye’s, assets that have been in development or purchased in […]