JAKARTA The car company Stellantis announced on Thursday December 5 that it is building a new business unit to help expand its data service business. This is part of its plan to increase revenue from software-related activities over the next decade.
The new unit, called Mobilitys, will license data to various customers including rival automakers, using connected vehicles (vehicles) Stellantis, which is estimated to amount to 34 million by 2030, up from about 12 million now.
#StellantisTech: Mobilisights, our new independent business unit advances #Stellantis’ growing data and connected services offer. It leverages data from the Company's connected vehicles, which are expected to reach 34 million by 2030 https://t.co/7FdVCQ3v4y #StellantisDareForward pic.twitter.com/exFhUHsci5
— Stellantis (@Stellantis) January 5, 2023
Sanjiv Ghate, CEO of Mobilitysights, told reporters this business could help reduce accidents. For example, by conveying information about the dangers on the highway, and also allowing insurance products to be better adapted for individual drivers.
"The establishment of this separate unit will make it easier to establish partnerships," added Ghate, who joined Stellantis last year and is based in the San Francisco region.
"Mobilisights will be the main contributor to additional annual revenue of 20 billion euros (Rp332.4 trillion) that Stellantis expects from software-related services by 2030," Gate said in an announcement at the CES convention in Las Vegas.
Ghete would not say exactly how much revenue Moliwass had expected to contribute, but said that Stellantis had a number of software units each of which would generate "more than a billion dollars".
This is the second of seven new added-value business units planned by Stellantis, whose brands include Fiat, Peugeot, and Jeep. The first is the Circuit's Economics business, which aims to use more recycled materials in production.
Overall, Stellantis wants to double revenue to 300 billion euros (IDR 4,987 trillion) per year by 2030, along with efforts to keep profit margins high.
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