Mobileye Global Inc. has entered into a new autonomous‑mobility partnership with Oslo’s public‑transport agency Ruter, autonomous‑vehicle operator Holo, and MOIA, the mobility‑services arm of Volkswagen Group. The three‑party agreement will deploy the ID. Buzz AD, a retrofitted van equipped with Mobileye Drive™ self‑driving technology based on the EyeQ 6H system‑on‑chip, in the Groruddalen suburb of Oslo. The fleet is slated to begin on‑demand service in spring 2026.
The collaboration follows two years of rigorous testing that began in early 2023. Mobileye’s EyeQ 6H platform has been validated in a range of Norwegian weather conditions, including heavy snow, demonstrating the system’s robustness in the harsh Scandinavian climate. The deployment in Groruddalen will provide a real‑world, high‑volume environment for Mobileye’s Drive platform, a key milestone in the company’s strategy to scale autonomous technology across diverse operation zones.
Mobileye’s most recent quarterly results, released in October 2025, showed revenue of $504 million, a 4 % year‑over‑year increase that beat analyst estimates of $490.5 million by $13.5 million. Adjusted diluted earnings per share were $0.09, matching consensus expectations. The company’s adjusted gross margin slipped to 67 % from 68 % in the prior year, a compression largely attributable to higher investment in software development and a shift toward higher‑volume, lower‑margin fleet contracts. The revenue beat was driven by an 8 % rise in EyeQ system volumes, reflecting growing demand from fleet operators.
In light of the strong revenue performance, Mobileye raised its full‑year 2025 revenue guidance to $1.845 billion–$1.885 billion, up from the previous $1.620 billion–$1.660 billion range. The company also maintained its adjusted gross margin outlook at 67 %, signaling confidence that the margin compression will be temporary as the platform scales. Management emphasized that the Oslo deployment will accelerate the adoption of the Drive platform and reinforce the company’s path toward Level 5 autonomy by the decade’s end.
Following the earnings release, market participants reacted with a modest pre‑market decline of roughly 2.5 %. Analysts noted that while revenue exceeded expectations, the slight margin contraction and the company’s cautious guidance on profitability tempered enthusiasm. The reaction underscores investors’ focus on margin sustainability even as Mobileye expands its autonomous‑mobility footprint.
CEO Amnon Shashua highlighted the Oslo deal as a “critical step” in Mobileye’s dual‑path strategy, which balances consumer‑vehicle ADAS development with fleet‑centric robotaxi software. He noted that the deployment will provide valuable data to refine the Drive platform and accelerate the company’s long‑term vision of achieving full Level 5 autonomy across all vehicle types.
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