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Mobileye (MBLY) Partners With Elektrobit in Autonomous Vehicle Solutions [Yahoo! Finance]

Mobileye Global Inc. (MBLY) 
Company Research Source: Yahoo! Finance
Mobileye Global Inc. (NASDAQ: MBLY ) is one of the 12 best buy-the-dip stocks to buy according to Wall Street analysts . On February 24, Mobileye Global Inc. (NASDAQ:MBLY) and Elektrobit announced their collaboration to integrate EB Corbos Linux for Safety Applications into Mobileye Drive, which is a scalable Level 4 autonomous driving system. Mobileye will be using EB Corbos Linux for Safety Applications, which is safety-compliant, to provide car-grade features and application updates. Mobileye Drive is a scalable autonomous driving system designed to enable carmakers and transport operators to make robotaxis, ride-pooling, public transport, and goods transport fully autonomous. Mobileye is currently evaluating its autonomous driving system in various parts of Europe and North America. On January 23, Canaccord reduced its price target on Mobileye Global Inc. (NASDAQ:MBLY) from $30 to $24, while maintaining its Buy rating on the shares. Canaccord noted that being optimistic on Mobile Show less Read more
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