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Volkswagen Group Names Mobileye Among Top Suppliers for 2024

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Volkswagen Group Names Mobileye Among Top Suppliers for 2024
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News

Volkswagen Group Names Mobileye Among Top Suppliers for 2024

2024-07-08 18:03 Last Updated At:18:20

JERUSALEM--(BUSINESS WIRE)--Jul 8, 2024--

For the 20th year, Volkswagen AG has recognized its best suppliers globally, awarding a select group of 10 firms the prestigious Volkswagen Group Award for 2024. Mobileye (Nasdaq: MBLY) was honored to receive the award for Digitalization at a special event in Wolfsburg on July 2.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240708761723/en/

The awards in 10 categories with 40 nominees in total recognized suppliers for outstanding partnership-based cooperation, long-standing practiced values and shared success. The award for Digitalization was presented by Hauke Stars, Member of the Board of Management of Volkswagen AG responsible for IT, and Stefan Kühne, Head of Group Procurement, Interior.

With Mobileye, “We can offer our customers innovative solutions and comfort features,” said Kühne. “Thanks to its extensive product portfolio, we can create great synergies throughout the VW Group, across different brands, with a real benefit for our products and customers.”

“The past, present and future success of the Volkswagen Group is only possible with strong partners,” said Dirk Große-Loheide, Member of the Extended Executive Committee and Member of the Volkswagen Brand Board of Management responsible for Procurement. “The anniversary of the Volkswagen Group Award highlights the importance we place on close, partnership-based cooperation with our suppliers and underscores the esteem that goes with this. The 20th Volkswagen Group Award stands for 20 years of partnership and 20 years of shared success – a perfect combination. As we move forward, we will shape the future with our partners based on this conviction.”

“We are deeply honored to receive this acknowledgement from Volkswagen AG for our work together toward delivering the future of transportation,” said Prof. Amnon Shashua, Mobileye President and CEO. “It’s a testament to the dedication of our teams and the spirit of innovation in road safety, intelligent driving and autonomous vehicles.”

Mobileye’s work across the Volkswagen Group ranges from advanced driving assist technologies to developing hands-free and eyes-off driving solutions and autonomous technology across multiple continents.

Mobileye (Nasdaq: MBLY) leads the evolution of mobility with our autonomous driving and driver-assistance technologies, based on world-renowned expertise in artificial intelligence, computer vision, mapping, and integrated hardware and software. Since our founding in 1999, Mobileye has enabled the wide adoption of advanced driver-assistance systems while pioneering groundbreaking technologies such as REM™ crowdsourced mapping, True Redundancy™ sensing, Responsibility-Sensitive Safety™ (RSS™) driving policy and Driving Experience Platform (DXP). These technologies support a product portfolio structured for scale and designed to unlock the full potential of mobility, offering a range of solutions from premium ADAS to autonomous vehicles. By the end of 2023, approximately 170 million vehicles worldwide have been equipped with Mobileye technology. In 2022, Mobileye listed as an independent company separate from Intel (Nasdaq: INTC), which retains majority ownership. For more information, visit https://www.mobileye.com.

“Mobileye,” the Mobileye logo and Mobileye product names are registered trademarks of Mobileye Global. All other marks are the property of their respective owners.

Prof. Amnon Shashua, President and CEO of Mobileye, accepts the 2024 Volkswagen Group Award for supplier excellence in digitalization from Hauke Stars, Member of the Board of Management of Volkswagen AG responsible for IT, and Stefan Kühne, Head of Group Procurement, Interior. (Photo: Business Wire)

Prof. Amnon Shashua, President and CEO of Mobileye, accepts the 2024 Volkswagen Group Award for supplier excellence in digitalization from Hauke Stars, Member of the Board of Management of Volkswagen AG responsible for IT, and Stefan Kühne, Head of Group Procurement, Interior. (Photo: Business Wire)

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Middle East latest: Israel strikes Gaza and southern Beirut as attacks intensify

2024-10-06 17:43 Last Updated At:17:50

An Israeli airstrike hit a mosque in central Gaza and Palestinian officials said at least 19 people were killed early Sunday. Israeli planes also lit up the skyline across the southern suburbs of Beirut, striking what the military said were Hezbollah targets.

The strike in Gaza hit a mosque where displaced people were sheltering near the main hospital in the central town of Deir al-Balah. Another four people were killed in a strike on a school sheltering displaced people near the town.

The Israeli military said both strikes targeted militants, without providing evidence.

An Associated Press journalist counted the bodies at the Al-Aqsa Martyrs Hospital morgue. Hospital records showed that the dead from the strike on the mosque were all men, while another man was wounded.

In Beirut, the strikes reportedly targeted a building near a road leading to Lebanon’s only international airport and another formerly used by the Hezbollah-run broadcaster Al-Manar.

Israel and Hezbollah have traded fire across the Lebanon border almost daily since the day after Hamas’ cross-border attack on Oct. 7, 2023, which killed 1,200 Israelis and took 250 others hostage. Israel declared war on the Hamas militant group in the Gaza Strip in response. As the Israel-Hamas war reaches the one-year mark, nearly 42,000 Palestinians have been killed in the territory, and just over half the dead have been women and children, according to local health officials.

Nearly 2,000 people have been killed in Lebanon in the latest conflict, most of them since Sept. 23, according to the Lebanese Health Ministry.

Here is the latest:

BEIRUT — The southern suburbs of Beirut were hit by more than 30 strikes overnight, the heaviest bombardment since Sept. 23, when Israel began a significant escalation in its air campaign against Hezbollah in Lebanon, Lebanon’s state-run National News Agency reported Sunday.

The targets included a gas station on the main highway leading to the Beirut airport and a warehouse for medical supplies, the agency said.

Some of the overnight strikes set off a long series of explosions, suggesting that ammunition stores may have been hit.

PARIS — French President Emmanuel Macron called for “a halt to arms exports for use in Gaza,” saying it's urgent to avoid escalating tensions in the region, his office said.

Macron drew strong criticism from Israel’s Prime Minister Benjamin Netanyahu by saying "the priority is … that we stop delivering weapons to fight in Gaza.” He made the comments in an interview with France Inter radio, which was recorded on Tuesday and aired Saturday.

France doesn’t deliver any weapons to Israel, Macron said.

Netanyahu released a video statement in which he called out the French president by name and referred to such calls as a “disgrace.”

In a statement, Macron’s office said “France is Israel’s unfailing friend. Mr. Netanyahu’s words are excessive and irrelevant to the friendship between France and Israel.”

“We must return to diplomatic solutions,” it added.

The statement also said that Macron had demonstrated his commitment to Israel's security when France mobilized its military resources in response to the Iranian attack. French authorities did not provided details about France’s role.

Macron has called for an immediate cease-fire in both Gaza and Lebanon.

DEIR AL-BALAH, Gaza Strip — An apparent Israeli airstrike early Sunday killed at least 18 people in central Gaza, Palestinian medical officials said.

The strike hit a mosque sheltering displaced people near the al-Aqsa Martyrs hospital in the town of Deir al-Balah, the hospital said in a statement.

An Associated Press journalist counted the bodies at the hospital morgue. Hospital records showed that the dead were all men. Another two men were critically wounded, the hospital said.

The Israeli military did not immediately comment about the strike on the mosque.

The latest strikes add to the mounting Palestinian death toll in Gaza, which is now nearing 42,000 according to the Palestinian Health Ministry. The ministry does not differentiate between civilian and militant deaths, but many of the dead were women and children.

BEIRUT — Powerful new explosions rocked Beirut’s southern suburbs late Saturday as Israel expanded its bombardment in Lebanon, also striking a Palestinian refugee camp deep in the north for the first time as it targeted both Hezbollah and Hamas fighters.

Thousands of people in Lebanon, including Palestinian refugees, continued to flee the widening conflict in the region, while rallies were held around the world marking the approaching anniversary of the start of the war in Gaza.

The strong explosions began near midnight after Israel’s military urged residents to evacuate areas in Beirut’s Haret Hreik and Choueifat neighborhoods. AP video showed the blasts illuminating the densely populated southern suburbs, where Hezbollah has a strong presence. They followed a day of sporadic strikes and the nearly continuous buzz of reconnaissance drones.

Israel’s military confirmed it was striking targets near Beirut and said about 30 projectiles had crossed from Lebanon into Israeli territory.

A man checks the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

A man checks the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

Emergency workers inspect a building that was hit in an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

Emergency workers inspect a building that was hit in an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

Israeli soldiers pray at a staging area in northern Israel, Sunday, Oct. 6, 2024. (AP Photo/Baz Ratner)

Israeli soldiers pray at a staging area in northern Israel, Sunday, Oct. 6, 2024. (AP Photo/Baz Ratner)

An Israeli soldier prays at a staging area in northern Israel, Sunday, Oct. 6, 2024. (AP Photo/Baz Ratner)

An Israeli soldier prays at a staging area in northern Israel, Sunday, Oct. 6, 2024. (AP Photo/Baz Ratner)

People check the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

People check the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

Smoke rises from a destroyed building at the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

Smoke rises from a destroyed building at the site of an Israeli airstrike in Dahiyeh, Beirut, Lebanon, Sunday, Oct. 6, 2024. (AP Photo/Bilal Hussein)

Mourners gather around the bodies of Palestinian men who were killed in an Israeli airstrike in Deir al-Balah, Gaza, Sunday, Oct. 6, 2024. (AP Photo/Abdel Kareem Hana)

Mourners gather around the bodies of Palestinian men who were killed in an Israeli airstrike in Deir al-Balah, Gaza, Sunday, Oct. 6, 2024. (AP Photo/Abdel Kareem Hana)

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