Mobileye Partners With Volkswagen For Automated DrivingIn a strategic move towards revolutionizing the automotive industry, Volkswagen ( GBEBROKERS:VOWG ) has announced an expansion of its partnership with Mobileye ($MBLY.) to integrate cutting-edge automated driving technologies into series production vehicles. This collaboration marks a significant step forward in Volkswagen's commitment to enhancing safety and convenience across its luxury brands, including Audi, Bentley, Lamborghini, and Porsche.
Mobileye ($MBLY.), the Israeli automotive tech powerhouse, will leverage its advanced SuperVision and Chauffeur platforms to provide driving assistance software tailored for Volkswagen's premium vehicles. These technologies will not only elevate the driving experience but also set new standards for safety and efficiency on the road.
The collaboration between Volkswagen and Mobileye ( NASDAQ:MBLY ) encompasses a range of automated driving functions designed to navigate both highway and urban environments seamlessly. Among these innovations are systems for automated overtaking on multilane highways, automatic stopping at red lights and stop signs, and comprehensive support in navigating intersections and roundabouts. Such advancements promise to redefine the driving experience, offering unparalleled convenience and peace of mind to drivers.
Oliver Blume, CEO of Volkswagen, expressed his enthusiasm for the partnership, emphasizing the transformative impact of the new automated driving functions on both safety and convenience. He highlighted how these advancements align with Volkswagen's vision of delivering state-of-the-art automotive technology to its discerning customers, underscoring the company's commitment to innovation and excellence.
Beyond enhancing the driving experience, Volkswagen's integration of Mobileye's technologies underscores a broader commitment to sustainability and societal well-being. By streamlining traffic flow, reducing congestion, and mitigating the risk of accidents, these automated driving functions hold the potential to create safer, more efficient transportation networks for communities around the world.
Looking ahead, Volkswagen's software unit, Cariad, will play a pivotal role in integrating Mobileye's technologies into its luxury vehicles, ensuring seamless operation and optimal performance. This collaborative effort reflects Volkswagen's holistic approach to innovation, leveraging the expertise of industry leaders to drive progress and shape the future of mobility.
In conclusion, Volkswagen's partnership with Mobileye ( NASDAQ:MBLY ) heralds a new era of automated driving, where cutting-edge technology converges with automotive excellence to redefine the driving experience. As these advanced functions make their way into series production vehicles, Volkswagen reaffirms its position as a trailblazer in the automotive industry, committed to shaping a safer, more connected future on the road.
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The Little Engine that Could--$RVSN Steadily Tracks UpwardsRailvision (NASDAQ: RVSN) is a machine vision company developing sensor and camera technology for use on trains and railway infrastructure. Like Mobileye (MBLY), RVSN was established in Israel, which is recognized as a global hub for autonomous vehicle and computer vision R&D. I added this ticker to my watchlist after seeing a November PR about a board change, and realized that KBX, a German-based railway manufacturing giant, is a strategic investor with ~35% stake in RVSN and significant sway on the board. So I took a closer look under the hood and am intrigued.
First a bit about RVSN; the company went public in March '22 and witnessed a steady slide in share price through October/November, where it bottomed out around $0.45. However since November 16th, price action has been consistently tracking an ascending support and has already bounced off numerous times, as the chart depicts. Since its November low, RVSN is up >100% albeit on low volume, suggesting a quiet accumulation of shares somewhere. Notwithstanding a dip over the past few days, RVSN is trading above said support, above its 20/50/100 SMAs, and MACD remains in the green.
The only two catalysts I was able to identify as potentially playing a role in this lowkey +100% run was a board swap-out on November 26th and Q3 financials released on December 6th. Neither intraday trading nor an uptick in volume really indicate that these NRs directly caused the recent gains.
So what's behind the triple-digit monthly percentage gains? Well, they finished a first POC of their autonomous rail tech in Australia with Rio Tinto (RIO), a global mining giant, that may be contributing to an uptick in demand. Things look quiet on the retail side, and institutional involvement seems pretty minimal at this stage. RVSN is still largely pre-revenue, so the promise of dividends or earnings aren't really in play either.
Regardless the source, RVSN has seen an impressive bounce back over the past month as NASDAQ and other equity markets continue to bleed. Judging by the MBLY IPO, there's robust demand behind machine vision tech and applications, not to mention the mega-potential for redevelopment of crumbling global railroad infrastructure. We're unlikely to see any big moves before the New Year so for now I'll be waiting and watching to see if RVSN continues this climb, and into 2023 will really start considering establishing at least a starter position.
MBL New to Binance. pump expected in short termMBL New to Binance. pump expected in short term
First target : 30 Sats
2nd : 35 Sats
3rd : 40 sats
60 sats is possible also for long term
This is not a financial advise. please do your own research.
MBLY Is Starting To Form A HeadNYSE: MBLY is looking to form a head within the next 3-4 months. This head could form early as today (LOW HEAD), or could form later in the month of September (HIGH HEAD). Check it out.
MBLY potential momentum moverThe buy on this is only if the market turns around...this stock will follow market so insure market is moving higher as of now we have weakness in indexes. I think this stock could be a high flyer