Picture and Press Release: Stellantis
Stellantis and aiMotive have today announced that they have entered into an agreement for Stellantis to acquire aiMotive.
This enhances Stallantis’ artificial intelligence and autonomous driving core technology, expands its global talent pool, and boosts the mid-term development of the all-new STLA AutoDrive platform.
“Acquiring aiMotive’s world-class artificial intelligence and autonomous driving technology is an important contribution to becoming a sustainable mobility tech company,” said Yves Bonnefont, Stellantis Chief Software Officer. “aiMotive’s class-leading expertise and startup spirit will accelerate our journey to deliver our Dare Forward 2030 goals.”
AiMotive’s technology product portfolio is focused on four key areas within artificial intelligence and autonomous driving: aiDrive, aiData, aiWare and aiSim.
They company have said that Stellantis’ software teams are already developing the three all-new technology platforms (STLA Brain, STLA SmartCockpit, STLA AutoDrive) that will be deployed at scale across the four all-new STLA vehicle platforms (STLA Small, STLA Medium, STLA Large, STLA Frame), which will begin in 2024.
The software strategy is expected to generate approximately €20 billion in incremental annual revenues by the end of the decade as part of the Dare Forward 2030 strategic plan bold objectives, backed by more than a €30 billion investment in electrification and software, said the company’s press release.
Stellantis has said that it will establish a Board of Directors to oversee aiMotive while preserving its startup mindset of rapid innovation. aiMotive team will also be fully part of the Stellantis autonomous driving and artificial intelligence teams.
Completion of the acquisition is subject to customary closing conditions, including the satisfaction of antitrust requirements.