Automaker Stellantis expects threefold increases in its connected vehicles — featuring GPS, infotaintment systems, driver assistance capabilities and other tech — from 12 million today to 34 million by 2030 to add $22.5 billion in annual revenue from software services and subscriptions.
The company joins other automakers in looking to services as a substantial revenue generator that will also increase its opportunities for market diversification, according to a CNBC report Tuesday (Dec. 7).