Mobileye, Delphi aim to release self-driving system in 2019

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Go back to Mobileye, Delphi aim to release self-driving system in 2019

Wells Fargo Positive on Mobileye (MBLY), Delphi (DLPH) Mobility Partnership; Affirms at 'Outperform'

August 23, 2016 12:36 PM EDT

Wells 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