Intel's Mobileye To Invest in Autonomous EV Ride-Hailing Service

The Volkswagen Group, Mobileye, an Intel Company, and Champion Motors announced plans to deploy Israel’s first self-driving ride hailing service – or Mobility-as-a-Service (MaaS) – starting next year. For this, the partners are planning to establish a joint venture. The planned cooperation is subject to approval by the responsible authorities and bodies. Operating as “New Mobility in Israel,” the group’s proposal was formally accepted by the Israeli government during a private ceremony today at the Smart Mobility Summit in Tel Aviv.