Mobileye (MBLY.US) once again received orders from top US car companies, surged ahead of the market

The Zhitong Finance App learned that Mobileye Global (MBLY.US) stock price once surged 7% during pre-market trading. As of press release, the stock had risen 6.50% before the market to $11.96. Earlier, the company announced that the second top ten car manufacturer in the US has chosen its Mobileye EyeQ Advanced Driver Assistance System (ADAS).

Mobileye said it is expected that its surround advanced driver assistance system will become the next mainstream system, and is expected to become a standard feature on many European and American models in the near future.

Professor Amnon Shashua, President and CEO of Mobileye, said in a statement: “The choice of MobilEye's surround ADAS by the world's top automotive manufacturer demonstrates our strength in driving safety and technology adoption programs. Using the EyeQ6H as a powerful central processing unit for ADAS can bring better performance, richer functionality, and greater flexibility at a lower cost to automakers and their customers.”

Earlier, Volkswagen announced in March 2025 that it had decided to use MobilEye's EyeQ system.