Business

Rimac and Mobileye Collaboration Paves the Way for Autonomous Vehicles

Rimac, the Croatian automaker, made waves recently with the announcement of their robotaxi concept. What’s even more intriguing is that Mobileye, listed on the NASDAQ as MBLY, is the driving force behind the autonomous driving technology for this project. Could this collaboration pave the way for a future where millions of vehicles operate autonomously?

In a recent video, Travis Hoium delves into Rimac’s strategy and how Mobileye aims to position itself as a key technology provider in this space. The potential implications of this partnership are vast, signaling a significant step towards a world where self-driving cars are the norm.

It’s worth noting that the stock prices mentioned in the video reflect end-of-day prices as of June 30, 2024, with the video itself being published on July 1, 2024.

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