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Technology Stocks : Driverless autos, trucks, taxis etc.

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From: Sam	9/9/2021 10:24:21 PM
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Intel CEO Reveals Full Self-Driving Car, Chip Production Plans At German Auto Show ALEXIS GARCIA 04:01 PM ET 09/07/2021 Intel-owned ( INTC) Mobileye unveiled its commercial self-driving car technology for the first time today at the International Motor Show in Germany. The autonomous vehicle (AV) unit also announced plans to launch a robotaxi pilot program in the country starting in 2022. Intel stock edged slightly higher in early trading action Tuesday. Germany's auto show is the first major industry event to occur since pandemic shutdowns began in early 2020. This year's event has placed heavy emphasis on mobility solutions — ranging from electric vehicles to e-bikes and scooters — to appeal to a climate-friendly crowd. The world's largest automakers also addressed the global chip shortage. Top auto stocks like Tesla ( TSLA), Ford ( F) and General Motors ( GM) have stumbled in recent months as supply gaps have led to factory shutdowns and production cuts. New Self-Driving Car Platform Debuts Intel's Mobileye Unit's latest self-driving car system is equipped with a Level 4 self-driving system and is the result of key strategic partnerships. Last December, the company partnered with China EV maker Nio ( NIO) to provide vehicles for robotaxi development. The Intel subsidiary also acquired mobility-as-a-service (MaaS) solutions company Moovit in a $900 million deal in May 2020. continues at investors.com

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