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AMSTERDAM - Stellantis N.V. (NYSE:STLA) (market cap: $38.62B), currently identified as undervalued according to InvestingPro analysis, has introduced its latest innovation, STLA AutoDrive, a proprietary automated driving system that offers Hands-Free and Eyes-Off (SAE Level 3) functionality at speeds up to 60 km/h (37 mph). As part of the company’s technology strategy, STLA AutoDrive is designed to alleviate the driver’s burden in heavy traffic, allowing for engagement in other activities while the vehicle operates autonomously.
The system is engineered to provide a seamless driving experience, managing speed, steering, and braking while continuously monitoring the environment using advanced sensors. This ensures reliable operation even during nighttime or adverse weather conditions. A sensor-cleaning mechanism is included to maintain optimal performance.
STLA AutoDrive also supports Level 2 and Level 2+ capabilities at higher speeds, featuring Adaptive Cruise Control and lane centering. It is built on a scalable architecture for easy deployment across Stellantis branded vehicles worldwide, with the potential for future enhancements such as operation at speeds up to 95 km/h (59 mph) and advanced off-road automation. The company maintains strong financial health with a "GREAT" rating from InvestingPro, supported by an attractive P/E ratio of 2.99 and an impressive dividend yield of 8.6%.
Stellantis Chief Engineering and Technology Officer Ned Curic emphasized the system’s role in enhancing the driving experience by handling routine tasks and making time behind the wheel more efficient.
The system is cloud-connected for continuous updates and performance optimization. It complies with regional regulations and requires drivers to remain prepared to take control when necessary.
STLA AutoDrive represents a significant step towards more intelligent and intuitive driving experiences, aligning with Stellantis’ goal of becoming a carbon net zero mobility tech company by 2038 as part of its Dare Forward 2030 strategic plan. For detailed analysis of Stellantis’s technological initiatives and their potential impact on company valuation, access the comprehensive Pro Research Report available on InvestingPro, which offers expert insights on 1,400+ top stocks.
This information is based on a press release statement from Stellantis N.V.
In other recent news, President Donald Trump announced plans to impose tariffs on imported cars, with implementation expected around April. This move is part of a broader strategy to address trade imbalances and non-tariff barriers affecting U.S. automobiles. Trump also hinted at a possible 10% tariff on European Union imports, citing the U.S.’s significant trade deficit with the EU as a driving factor. The potential tariffs have sparked discussions within the administration, with some members advocating for their implementation despite anticipated retaliatory measures from the EU.
Meanwhile, the automotive sector is feeling the pressure, as analysts warn that tariffs could substantially impact earnings. Companies like Stellantis, Mercedes, and Volkswagen (ETR:VOWG_p) are already experiencing declines in the Stoxx 600 autos and parts index. Analysts suggest that while original equipment manufacturers might pass these costs onto consumers, potentially lowering sales volumes, shifting production to the U.S. could be a more complex solution.
In other developments, IONNA, a joint venture by leading automakers, has moved to a full-scale national release, adding over 1,000 charging bays by the end of 2025. This expansion marks a significant investment in American jobs and manufacturing, with plans to integrate advanced technologies like AI-driven smart reservations and in-car payments.
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