Source: The Verge
Summary
Mobileye, a leading provider of self-driving systems, is launching its own robotaxi service in Israel. The company will operate a fleet of self-driving taxis, putting it in direct competition with companies it currently supplies its technology to. Mobileye’s CEO, Amnon Shashua, said the move is part of the company’s strategy to expand its offerings and increase revenue.
Our Reading
The launch follows a familiar script. Mobileye is joining the robotaxi market with its own service, because why just supply the tech when you can also operate the taxis? The company’s self-driving system, EyeQ, is already used by several major automakers, but now Mobileye wants a piece of the action. Because what could possibly go wrong with competing with your own customers? Mobileye’s move is just another example of how the self-driving industry is getting more crowded by the day.
Author: Evan Null
