Carmaker Stellantis said on Thursday it was establishing a new business unit to help expand its data services business, part of its plans to boost revenue from software-related activities over the next decade.
Sanjiv Ghate, Mobilisights CEO, told reporters the business could help to reduce accidents by for example relaying information about road hazards, and also allow insurance products to be better tailored to individual drivers. Mobilisights will be a key contributor to the 20 billion euros in incremental annual revenues that Stellantis expects from software-related services by 2030, the company said in an announcement at the CES convention in Las Vegas.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: