Jeep and Dodge-maker Stellantis NV is targeting 20 billion euros, or about $22.57 billion, of annual revenue by the end of the decade through selling software-led offerings and subscriptions related to the cars it makes.
The auto giant, formed earlier this year through the merger of Fiat Chrysler Automobiles NV and France’s PSA Group, said Tuesday it plans to leverage partnerships with BMW-maker Bayerische Motoren Werke AG and Alphabet Inc.’s Waymo LLC for autonomous driving offerings, and with Foxconn Technology Group on making so-called smart cockpits—a revamp of a car’s dashboard designed for an ultra-connected vehicle—to reach the revenue target.
