A PYMNTS Company

Stellantis Buys AI Startup Supercharging Autonomous Driving Company

By  |  November 21, 2022

Stellantis has agreed to acquire aiMotive, a developer of advanced artificial intelligence and autonomous driving software. Financial details of the transactions were not disclosed.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

    aiMotive is based in Budapest, Hungary, with offices in Germany, the US and Japan, with over 200 employees worldwide.

    The acquisition is expected to enhance Stellantis’ artificial intelligence and autonomous driving core technology. It is also anticipated to expand its global talent pool, and boost the mid-term development of the all-new STLA AutoDrive platform.

    Related: Stellantis’ Italian Exec Faces US Extradition Over Diesel Probe

    “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 will operate as a subsidiary of Stellantis, maintaining its operational independence and startup culture. Founder László Kishonti will remain as CEO.