Mobileye rises 13% as robotaxi production begins at VW plant

Mobileye rises 13% as robotaxi production begins at VW plant

Mobileye (MBLY) surged nearly 13%, eyeing its best day since its 2022 IPO after beating Q1 estimates. CEO Amnon Shashua noted a strong start to 2026. Highlights include Volkswagen starting robotaxi production, 100+ vehicles testing, and new design wins with Mahindra for Advanced Driver Assistance System (ADAS) tech in India.

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