Stellantis Accelerates Autonomous Driving Journey with Acquisition of aiMotive, a Leading Artificial Intelligence and Autonomous Driving Start-up

Rhea-AI Summary

Stellantis has announced the acquisition of aiMotive, a leading AI and autonomous driving start-up, enhancing its STLA AutoDrive platform. This acquisition aims to accelerate Stellantis' mid-term development in autonomous technology. aiMotive will maintain its operations as a subsidiary, preserving its start-up culture, with founder László Kishonti continuing as CEO. The deal underscores Stellantis' commitment to advancing automated driving solutions and integrating cutting-edge AI technology into its offerings.

Positive

• Acquisition of aiMotive enhances STLA AutoDrive platform.
• aiMotive will operate as a subsidiary, preserving its start-up culture.
• Founder László Kishonti continues as CEO, ensuring continuity and innovation.

Negative

• None.

 

Stellantis Accelerates Autonomous Driving Journey with Acquisition of aiMotive, a Leading Artificial Intelligence and Autonomous Driving Start-up

• aiMotive technology supercharges Stellantis mid-term development of STLA AutoDrive, the Company’s autonomous driving tech platform
• aiMotive to operate as subsidiary of Stellantis, preserving start-up spirit
• Founder László Kishonti will continue to drive the company as aiMotive CEO

Attachment

• 20221117_Stellantis_Acquires_aiMotive_EN

FAQ

What is the purpose of Stellantis' acquisition of aiMotive?

The acquisition is intended to accelerate the development of Stellantis' STLA AutoDrive autonomous driving technology.

Who will lead aiMotive after its acquisition by Stellantis?

László Kishonti, the founder of aiMotive, will continue to serve as CEO.

What impact will the acquisition of aiMotive have on Stellantis' technology?

It is expected to significantly enhance Stellantis' autonomous driving capabilities and integration of AI technology.

When was the acquisition of aiMotive by Stellantis announced?

The acquisition was announced in November 2022.