financetom
Business
financetom
/
Business
/
Mobileye Global Cooperates With Volkswagen, Valeo to Upgrade Driver Assistance Systems
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Mobileye Global Cooperates With Volkswagen, Valeo to Upgrade Driver Assistance Systems
Mar 25, 2025 3:34 AM

06:16 AM EDT, 03/25/2025 (MT Newswires) -- Mobileye Global ( MBLY ) said Tuesday that it is working with Volkswagen Group and Valeo to upgrade the advanced driver assistance systems to enhanced partially automated driving in its vehicle portfolio upcoming in the next few years.

This cooperation is expected to improve safety and driving comfort in high-volume vehicles, the company said.

The system will offer features like hands-free driving, traffic jam assist, hazard detection, parking assist, driver monitoring and 360-degree emergency assist.

Mobileye's shares were up more than 5% in recent premarket activity.

Price: 16.11, Change: +0.85, Percent Change: +5.57

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Trump says no state would be allowed to ban gas-powered cars if he is elected
Trump says no state would be allowed to ban gas-powered cars if he is elected
Oct 3, 2024
Oct 3 (Reuters) - Republican presidential candidate Donald Trump said on Thursday that, if he is elected in November, no state will be able to ban gas-powered cars or trucks. ...
US port workers and operators reach deal to end East Coast strike immediately
US port workers and operators reach deal to end East Coast strike immediately
Oct 3, 2024
* Tentative deal includes a 62% wage hike over six years - sources * Strike affected 36 ports, causing backlog of anchored ships * Biden applauds critical progress towards a strong contract (Adds background, retail federation statement, labor secretary at talks in paragraphs 7-8, 12, 15, 17) By Doyinsola Oladipo and David Shepardson NEW YORK/WASHINGTON, Oct 3 (Reuters) - U.S....
O3 Mining Completes $1.4 Million Non-Brokered Private Placement of Flow-Through Units
O3 Mining Completes $1.4 Million Non-Brokered Private Placement of Flow-Through Units
Oct 3, 2024
04:31 PM EDT, 10/03/2024 (MT Newswires) -- O3 Mining ( OIIIF ) after trade Thursday said it completed a non-brokered private placement of flow-through share units at $1.92 each, raising about $1.4 million. Each flow-through unit includes a tax-advantaged share and half of a warrant to buy a second flow-through share for $1.45 until Aug. 28, 2026. Funds from the...
Soccer-Maguire's late header earns Man United 3-3 draw at Porto
Soccer-Maguire's late header earns Man United 3-3 draw at Porto
Oct 3, 2024
PORTO, Portugal, Oct 3 (Reuters) - Harry Maguire's dramatic stoppage-time header earned Manchester United ( MANU ) a 3-3 draw at Porto in a roller-coaster Europa League group match on Thursday. Goals by Marcus Rashford and Rasmus Hojlund inside 20 minutes set United on course for victory but Pepe quickly pulled one back for the Portuguese side and Samu Omorodion...
Copyright 2023-2026 - www.financetom.com All Rights Reserved