Wayve, the UK-based self-driving startup, is zooming into the spotlight with a blockbuster deal to bring its autonomous tech to Stellantis vehicles, including Jeep and Ram, by 2028.
Announced at Stellantis’ investor day in Michigan, this partnership marks Wayve’s second major automaker deal, fresh off a $1.2 billion funding spree.
While the financial details are hush-hush, Wayve CEO Alex Kendall assures us it’s a commercial contract set to scale up Stellantis’ offerings in North America. With Stellantis planning to launch 11 new vehicles by 2030, including budget-friendly options, the timing couldn’t be better.
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Wayve’s tech is a game-changer, using a neural network that learns from data captured by any sensors on the vehicle, making it a hit with cost-conscious automakers like Nissan and Stellantis. This flexible approach means Wayve’s software can run on existing chips, potentially lowering production costs.
Stellantis aims to integrate Wayve’s hands-off, eyes-on system, akin to Tesla’s Full Self-Driving, with a prototype already up and running in just two months. As the countdown to 2028 begins, keep an eye on this dynamic duo as they steer us towards a hands-free future!
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