Stock Groups

Stellantis targets 20 billion euros in additional revenues from software by 2030 -Breaking

by Mike Robinson

[ad_1]

© Reuters. FILE PHOTO A view of Stellantis’ logo at Hordain factory, France. July 7, 2021. REUTERS/Pascal Rossignol/File photo

MILAN (Reuters – Stellantis intends to bring in around 4 billion euro ($4.5 billion) annually more revenue by 2026, and about 20 billion by 2030 through software-enabled subscriptions and product offerings.

According to its software strategy, the fourth-largest automaker in the world said that 34 million vehicles will be connected by 2030. This is an increase from the 12 million it has now.

Stellantis stated that it will deploy, beginning in 2024, three new platforms powered artificial intelligence. These platforms are STLA Brain and STLA SmartCockpit.

($1 = 0.8859 euros)

Disclaimer: Fusion MediaWe remind you that this site does not contain accurate or real-time data. CFDs are stocks, indexes or futures. The prices of Forex and CFDs are provided by market makers and are therefore not necessarily accurate. Fusion Media does not accept any liability for trade losses that you may incur due to the use of these data.

Fusion MediaFusion Media and anyone associated with it will not assume any responsibility for losses or damages arising from the use of this information, including buy/sell signal data. You should be aware of all the potential risks and expenses associated with trading in the financial market. It is among the most dangerous investment types.

[ad_2]