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VOW3 Volkswagen AG

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Share Name Share Symbol Market Type
Volkswagen AG XE:VOW3 Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.00 -

Man Truck and Bus Partners With Mobileye For Automated Bus Series

17/05/2023 1:34pm

Dow Jones News


Volkswagen (XE:VOW3)
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   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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