Stellantis and Bolt announced they have entered a partnership to jointly explore the development and deployment of Level 4 (driverless) autonomous vehicles for commercial operations across Europe. The collaboration will combine Stellantis' AV-Ready Platforms?? - specifically the eK0 medium size van and STLA Small platforms - with Bolt's extensive mobility network.
Bolt currently provides ride-hailing services in more than 50 countries including 23 EU Member States and aims to integrate Stellantis' autonomous vehicles into its shared mobility platform to provide fully autonomous, driverless ride-hailing services. Stellantis' AV- Ready Platforms?? are engineered for flexibility and scalability, integrating advanced sensor suites, high-performance computing and system redundancies to meet the highest safety and reliability standards while optimizing total cost of ownership for service operators, making them one of the most competitive solutions in the industry.
The companies plan to begin deploying test vehicles for trials in European countries starting in 2026, with a strong focus on building a service that provides the highest safety and performance standards in Europe. Deployment will follow a phased approach, from prototypes and pilot fleets to progressive industrial scale-up, with an initial production target in 2029. Both companies will work closely with European regulators to support a responsible approach to testing, certification and scalable deployment, in full alignment with applicable safety, data protection and cybersecurity standards.
Stellantis' ability to produce or procure electric batteries with competitive performance, cost and at required volumes; Stellantis' ability to successfully launch new businesses and integrate acquisitions; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in Stellantis' vehicles; exchange rate fluctuations, interest rate changes, credit risk and other market risks; increases in costs, disruptions of supply or shortages of raw materials, parts, components and systems used in Stellantis' vehicle; changes in local economic and political conditions; changes in trade policy, the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the level of governmental economic incentives available to support the adoption of battery electric vehicles; the impact of increasingly stringent regulations regarding fuel efficiency requirements and reduced greenhouse gas and tailpipe emissions; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the level of competition in the automotive industry, which may increase due to consolidation and new entrants; Stellantis' ability of attract and retain experienced management and employees; exposure to shortfalls in the funding of Stellantis' defined benefit pension plans; Stellantis' ability To provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the operations of financial services companies; Stellantis' ability.
