Mobileye Looks to Launch U.S. Robotaxi Business in U.S. Next Year

By Robb M. Stewart

Intel's Mobileye autonomous driving arm aims to launch a robotaxi business in the U.S. next year.

Mobileye said Tuesday it plans to expand its activities beyond supplying self-driving technology and into full ownership of an autonomous ride-hailing business.

This new operation is set to kick off in a yet-to-be revealed U.S. city in 2027, bringing together the company's autonomous driving capabilities with its Moovit unit's fleet operations, rider services, and mobility management.

The robotaxi operation expands Mobileye's existing business as a supplier to automakers and mobility providers. Mobileye said the new business aims to compliment its existing activities and won't stop supplying Mobileye Drive technology.

Mobileye, which has been listed independently from majority owner Intel since 2022, said its goal is to prepare an initial fleet of about 100 vehicles targeted for deployment in a major metropolitan U.S. market starting next year.

The deployment will be phased throughout the year as the company looks to validate the operational model under fully driverless conditions.

If the operation of the initial fleet is successful, Mobileye said it will scale the business substantially, targeting roughly 17,000 vehicles over the following five years.

"The robotaxi revolution has only just begun, and its potential for transforming how we travel around the world continues to increase," Amnon Shashua, founder and chief executive of Mobileye, said.

News of the robotaxi push lifted Mobileye's shares ahead of the market open. In premarket trading, the stock was up 5.2% at $10.02. Through Monday's close, the shares have fallen 8.7% so far this year.

Write to Robb M. Stewart at robb.stewart@wsj.com

(END) Dow Jones Newswires

June 16, 2026 08:20 ET (12:20 GMT)