Stellantis completes aiMotive purchase to invest in autonomous driving


The Italian-French car giant has announced that it has completed the acquisition of the Hungarian startup active in advanced solutions for artificial intelligence and self-driving software. An operation announced weeks ago with which the company led by Carlos Tavares now aims to accelerate the development of its Stla AutoDrive architecture

All done between Stellantis and aiMotive. The Italian-French auto giant has announced that it has completed the acquisition of the Hungarian startup active in the development of advanced solutions for artificial intelligence and software for unmanned vehicles. An operation announced weeks ago with which the company led by CEO Carlos Tavares now aims to accelerate the 30 billion euro plan for electrification and the development of autonomous driving.

The details

The aiMotive will operate as a subsidiary of Stellantis while maintaining its operational autonomy, so much so that the founder László Kishonti will remain in the saddle as managing director. The company will also continue to market under its proprietary brands aiSim, aiData and aiWare, offering its technology solutions in these essential areas to third-party customers. For its part, however, Stellantis will create a board of directors to monitor the acquisition and preserve its logic as a startup engaged in the development of rapid innovation solutions.

Floors

Stellantis software teams are already developing three new technology platforms, including STLA AutoDrive, which starting in 2024 will be scaled to four new vehicle platforms. Through this technology, the company aims to generate approximately 20 billion euros of incremental annual revenues by the end of the decade as part of a strategic electrification and digitization plan in which approximately 30 billion have been invested. This is a pressing challenge for the auto giant, which is experiencing difficult years between the pandemic, war and the economic crisis. In the first ten months of 2022, the group registered 1,728,623 vehicles in Europe, 14.8% less than in the same period of 2021, with a market share that dropped from 20.4 to 18.8%.



Source-tg24.sky.it