Rivian stock plunges after news of Amazon-Stellantis deal
Summary
Stellantis announced on January 5, 2022, a major partnership with Amazon to connect its vehicles, including using the US giants AWS servers and its Alexa voice command system. Stellantis , the automaker formerly known as Fiat Chrysler, said Wednesday that Amazon will provide its in-car dashboard software and cloud services. Amazon and Stellantis will work together on STLA SmartCockpit software that will appear in millions of vehicles starting in 2024 as part of a multi-year cloud deal, according to a statement. Amazons market-leading AWS business has sharpened its focus on industries in an effort to expand inside large companies. In November Amazon unveiled AWS IoT FleetWise, a tool automakers can use to store and refine vehicle data.
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