Stellantis to buy autonomous driving start-up aiMotive
Stellantis has agreed to buy aiMotive, a developer of advanced artificial intelligence and autonomous vehicle driving software, to advance its technology development efforts, the company said in a statement.
Since being founded by László Kishonti in 2015 aiMotive has seen some great growth and now has offices in Hungary, Germany, the U.S. and Japan and employs more than 200 employees worldwide, including engineers with advanced artificial intelligence and AV expertise.
The startup will operate as a subsidiary of Stellantis, maintaining its operational independence and culture and will continue selling three areas of its technology product portfolio, including aiData, aiSim and aiWare, to other partners, the statement said.
The acquisition enhances Stellantis’ artificial intelligence and autonomous vehicle core technology, expands its global talent pool, and boosts the mid-term development of its all-new STLA AutoDrive platform, the company added in the statement.
The deal also supports Stellantis’ ambition to generate around 20 billion euros in additional annual revenues by 2030 from software-enabled product offerings and subscriptions.
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