Buys Stellantis aiMotive for self-driving cars

Stellantis has announced that it is buying aiMotive, a company that specializes in self-driving vehicle technology.

The company owns a wide range of car brands including Alfa Romeo, Jeep, Fiat, Peugeot, Abarth, RAM, Mopar, Lancia, Vauxhall, and Fiat Chrysler Automobiles.

Stellantis NV and aiMotive, leading developers of advanced artificial intelligence and self-driving software, today announced an agreement between Stellantis to acquire aiMotive.

This acquisition enhances Stellantis’ core AI and autonomous driving technology, expands the global talent pool, and drives the mid-term development of the all-new STLA AutoDrive platform.

“AiMotive’s acquisition of global artificial intelligence and self-driving technology is an important contribution to becoming a sustainable mobility technology company,” said Yves Bonfont, CEO of Stellantis Software. “aiMotive’s expertise and pioneering spirit in its class will accelerate our journey to achieve our Dare Forward 2030 goals.”

Stellantis software teams are already developing three all-new technology platforms (STLA Brain, STLA SmartCockpit, and STLA AutoDrive) that will be deployed broadly across the four all-new STLA vehicle platforms (STLA Small, STLA Medium, STLA Large, and STLA Frame), starting with from 2024. The software strategy, as announced during Stellantis’ Software Day in December 2021, is expected to generate approximately €20 billion in additional annual revenue by the end of the decade, as part of the Dare Forward 2030 strategic plan, with bold targets, backed by more of 30 billion euros* Invest in electricity and software.

You can find out more details about Stellantis’ new acquisition of aiMotive on the company’s website at the link below.

Source Stellants

Filed under: Automotive News

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