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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Volkswagen AG | TG:VOW3 | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 1.30 | 1.13% | 116.25 | 115.95 | 116.55 | 117.20 | 114.90 | 115.25 | 96,033 | 22:50:02 |
From May 2023 to May 2024
By David Sachs
Man Truck & Bus said Wednesday that it has started a partnership with Mobileye aimed at eventually producing a series of autonomous urban buses.
The German brand, part of Volkswagen subsidiary Traton, said it is teaming up with Israeli driving-tech company Mobileye to automate its buses. The partnership is the first step of what Man said would be several before reaching the point of producing highly-automated buses in cities.
Man said autonomous buses have potential when it comes to total cost of ownership and personnel deployment. It plans to test an automated bus, with a driver on board for safety, in 2025 on the streets of Munich. No financial details of the partnership were released.
Write to David Sachs at david.sachs@wsj.com
(END) Dow Jones Newswires
May 17, 2023 08:19 ET (12:19 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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