Stellantis’ AI strategy targets $22.6b in revenues by 2030
MILAN (AP) — Carmaker Stellantis announced a strategy Tuesday to embed AI-enabled software in 34 million vehicles across its 14 brands targeting 20 billion euros ($22.6 billion) in annual revenues by 2030. CEO Carlos Tavares heralded the move as part of a strategy that would transform the car company into a “sustainable mobility tech company,” with business growth coming from over-the-air features and services. It includes key partnerships with BMW on autonomous driving, iPhone manufacturer Foxconn on customized cockpits and Waymo to expand their autonomous driving partnership into a light commercial vehicle delivery fleets.