* Global software revenues grow 2.5 times in three years with accretive margins; monetizable connected car parc grows to 13.8 million vehicles
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* Users of subscription-based products topped 5 million in 2023
* Next-generation technology platforms - STLA Brain, STLA SmartCockpit and STLA AutoDrive - expected for technology integration by the end of 2024
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* A global network of technology development hubs enables 24/7 work cycles, customizing software products for each of the Company's vehicle platforms
* Launched new software products and connected features to existing and new Stellantis brand vehicles:
* AppMarket in
* e-ROUTES enables BEV routing based on real time vehicle data with any mobile phone in projected mode in
* Free2move Connect Fleet and MyTasks empower commercial vehicle users with live data.
* Mobilisights is expanding its customer base, utilizing vehicle data to enhance products and planning while prioritizing privacy and enabling for a smarter world.
That effort is delivering a boost to high-margin revenue from software and connected services, which has grown by 2.5 times since 2021, as the number of subscribers globally during that same period has increased to 5 million.
Additionally, the monetizable car parc has grown 15% to 13.8 million vehicles, and
Those achievements set the foundation for the next chapter of software growth at
'In a little more than two years we have made a decisive shift from a traditional auto industry mindset to operating much more like a startup company, including a sharp focus on speed and building up our own software creation capabilities. It gives us critical flexibility and a competitive advantage going forward,' said
The cutting-edge technology platforms are:
STLA Brain: The foundational architecture offers centralized computing full over-the-air access to sensors and actuators. It reduces complexity, enabling the number of electronic control units (ECUs) per vehicle to be reduced by half to approximately 60 ECUs. New features can be developed in-house in less than six months, one-fourth the time of today's process. Technology readiness for integration is expected by the end of the year, with vehicle integration in 2025.
STLA SmartCockpit: The platform ushers in a new generation of personalization and connected capabilities, powered by machine learning and AI technologies, giving users a seamless integration with their digital lives. A focus on simplified menus with fewer clicks for response to user inputs significantly improves ease of use. AI-enabled experiences give vehicle occupants more options in navigation, media, climate, lighting and productivity features. The key is a digital personal profile that knows your preferences and moves with you between Stellantis brand vehicles. Technology readiness for integration is expected by the end of the year. SmartCockpit debuts in a Stellantis brand vehicle in 2025.
STLA AutoDrive: The system leverages the capabilities of STLA Brain and STLA SmartCockpit to deliver useful and continuously updated Advanced Driver Assistance System technology that is intuitive, robust and inspires driver confidence. STLA AutoDrive targets significantly increasing the uninterrupted time and distance for ADAS-supported driving. The strategy includes industry-leading ADAS that provides drivers both hands-off/eyes-off the road mobility and a fallback to limited hands-off/eyes-on-the-road cruising (Level 2+) in the same system. Eyes-off technology readiness for integration is expected by the end of the year with the commercial launch in 2025.
e-ROUTES: Available in
ChatGPT enhanced virtual assistant: After a successful pilot in
AppMarket: In
Free2move Connect Fleet: This fleet management platform links a fleet manager with his or her vehicles for real-time visibility. An online dashboard displays vital vehicle health data such as oil life remaining or battery state of charge. Free2move Connect Fleet can also set geofence boundaries and provides real-time geolocation. In case of theft, a tracker helps with recovery.
MyTasks: This tool gives drivers all the info they need on the in-vehicle entertainment screen to execute their schedules efficiently, even if there are changes or delays. Fleet managers get automatic updates when tasks are completed or delayed and rescheduled, so all parties can manage of the day's progress.
Mobilisights is expanding its client base by leveraging data from 13.8 million connected
The
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