Friday, 24 July 2026 · Europe
EUR/USD 1.139 EUR/GBP 0.8532 EUR/CHF 0.9295 EUR/PLN 4.327 All rates →
Sign in · Join
EUROPES The European Report
European Edition Friday, 24 July 2026
LATEST
Tech & Startups

Mobileye CEO Amnon Shashua to step down amid push into robotaxis and robotics

Mobileye CEO Amnon Shashua to step down amid push into robotaxis and robotics

The founder of the autonomous driving technology supplier is stepping down as the business transitions from a chipmaker to a direct operator of robotaxi services and humanoid robotics, a shift that will reshape its partnerships with European automakers.

Amnon Shashua will leave his position as chief executive of Mobileye after nearly thirty years at the helm. The company confirmed in a regulatory filing on Thursday that he will stay in the role until a successor is appointed.

His departure coincides with a major strategic transformation for the technology provider. Mobileye is shifting its focus toward humanoid robots and autonomous ride-hailing, moving away from its traditional role as a component supplier to become a direct service operator. For investors, this transition represents a significant shift in the autonomous vehicle market.

This evolution directly impacts European automotive partners, notably Volkswagen and its mobility subsidiary MOIA. These manufacturers currently rely on the firm's self-driving systems rather than just basic hardware. The incoming leadership must navigate these crucial supply agreements while executing the new corporate strategy.

The leadership change follows aggressive expansion efforts aimed at what Shashua previously described as “Mobileye 3.0.” In January, the firm purchased his own humanoid robotics venture, Mentee Robotics, for $900 million. Furthermore, the company announced in June that it intends to launch an independent robotaxi operation in an American city by 2027.

The enterprise originally developed from academic computer vision research at Israel’s Hebrew University. It eventually became a dominant supplier of the microchips that power automotive driver-assistance features.

The operation achieved the largest public listing in Israeli history before Intel acquired it for $15.3 billion in 2017. The semiconductor giant later spun the business out as an independent public entity in 2022, but it retains the position of largest shareholder. The new chief executive will now be tasked with balancing this ambitious robotics strategy with the expectations of global automakers and public markets.

More from Tech & Startups