Stellantis Partners With Amazon For Digital Vehicle Solutions

Stellantis NV STLA has signed a series of global, multi-year agreements with Amazon.com Inc AMZN, which involves Amazon Devices, Amazon Web Services (AWS), and Amazon Last Mile. The financial terms were not disclosed.
The parties will collaborate to deploy Amazon's technology and software expertise across Stellantis' organization, including vehicle development, building connected in-vehicle experiences, and training automotive software engineers.
Amazon will deliver software solutions for Stellantis' new digital cabin platform, STLA SmartCockpit, starting in 2024.
The two companies will create a suite of software-based products and services that integrate with customers' digital lives and add value over time through regular over-the-air (OTA) software updates.
Price Action: STLA shares are trading higher by 2.37% at $20.77, while AMZN is down 0.22% at $3,343.00 in premarket on the last check Wednesday.