Delphi Automotive (DLPH), Mobileye (MBLY) Enter SAE Level 4/5 Automated Driving Solution Partnership
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Wells Fargo Positive on Mobileye (MBLY), Delphi (DLPH) Mobility Partnership; Affirms at 'Outperform'
August 23, 2016 12:36 PM EDTWells Fargo is positive on Mobileye (Nasdaq: MBLY) and Delphi's (NYSE: DLPH) autonomous vehicle partnership, as announced earlier today.
On the partnership: We believe the autonomous partnership announced by DLPH and MBLY validates that both companies will have a seat at the table during the autonomous vehicle evolution/revolution. We view this as a step towards developing a standardized solution for the industry. The solution seems most compelling for the small and mid-sized OEMs, but... More
