Stellantis Partners with dSPACE to Accelerate Cloud-based Development of Vehicles
MWN-AI** Summary
Stellantis, a major global automaker, has announced a strategic partnership with dSPACE, a leader in simulation and validation solutions, to enhance the cloud-based development of vehicles. This collaboration, formalized in a non-binding Memorandum of Understanding (MOU), aims to accelerate software innovation through advanced simulation techniques.
By integrating dSPACE’s VEOS platform for Software-in-the-Loop (SIL) testing into Stellantis’ Virtual Engineering Workbench (VEW), engineers can begin developing and testing software before production hardware is even available, often up to a year in advance. This early testing is crucial in maintaining a competitive edge, allowing Stellantis to refine its technology platforms, which include the AI-driven STLA Brain, STLA SmartCockpit, and STLA AutoDrive. Approximately 80-85% of testing is projected to be done on SIL platforms, streamlining development cycles and reducing time to market to under two years.
The Stellantis VEW not only enhances productivity; it features a groundbreaking Virtual Cockpit, reportedly accelerating development cycles by up to 100 times compared to traditional methods. With a significant user base of over 3,800 daily active users, Stellantis continues to prioritize innovation and high-quality customer experiences.
Stellantis’ Chief Software Officer, Yves Bonnefont, emphasized that incorporating dSPACE tools would allow for a more responsive approach to meeting evolving customer needs and enhancing driving experiences. Meanwhile, dSPACE's CEO, Carsten Hoff, indicated that this partnership will improve feedback loops and advance software solutions for connected, autonomous vehicles.
The effectiveness of this partnership is contingent upon a definitive agreement, but both companies express confidence in achieving their shared goals of innovation and efficiency in the automotive sector.
MWN-AI** Analysis
The partnership between Stellantis and dSPACE heralds a significant shift in the automotive landscape, particularly in the realm of software innovation and vehicle development. By leveraging cloud-based technologies and dSPACE's advanced simulation platform, Stellantis is positioning itself to enhance its agility and responsiveness to market demands.
Investors should view this collaboration as a potential catalyst for Stellantis’ competitive advantage. The capability to conduct Software-in-the-Loop (SIL) testing up to a year ahead of hardware availability is crucial, as it significantly accelerates the development cycles and reduces time-to-market. This is particularly relevant in an industry increasingly driven by software and connectivity, where consumer expectations for rapid feature rollouts are rising.
Stellantis' commitment to its three AI-powered technology platforms—STLA Brain, STLA SmartCockpit, and STLA AutoDrive—further underlines the importance of software in its future growth trajectory. The integration of dSPACE’s simulation tools into Stellantis' Virtual Engineering Workbench ensures that the company remains at the forefront of automotive innovation.
From a financial perspective, the ability to release new vehicle software in less than two years can translate into increased revenue streams, enhanced consumer loyalty, and improved market positioning. The ongoing demand for connected and smart vehicles, alongside Stellantis’ robust brand portfolio, positions it well to capitalize on these trends.
Moreover, Stellantis’ focus on sustainable mobility aligns with global regulatory trends and consumer preferences, further enhancing its attractiveness as an investment. However, investors should remain vigilant about broader market risks, including supply chain disruptions and economic fluctuations, that could impact Stellantis’ ambitious goals.
Overall, this partnership is a strategic maneuver for Stellantis, highlighting the importance of software in the automotive industry and presenting nuanced opportunities for growth in a rapidly evolving market.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Stellantis Partners with dSPACE to Accelerate Cloud-based Development of Vehicles
- Partnership with dSPACE will provide Stellantis with a powerful simulation platform to drive faster and higher-quality software innovations
- Cloud-based development, integration and validation enable Stellantis engineers to start testing and developing software up to a year before production hardware is available
- dSPACE solutions are integral to the Stellantis Virtual Engineering Workbench (VEW), streamlining software development cycles
AMSTERDAM, January 7, 2025 – Stellantis, one of the world’s leading automakers, and dSPACE, a leader in simulation and validation solutions, today announced they have signed a non-binding Memorandum of Understanding (MOU) aimed at accelerating the cloud-based development of Stellantis vehicles.
The collaboration will integrate dSPACE’s VEOS platform for Software-in-the-Loop (SIL) testing into the Stellantis Virtual Engineering Workbenc h (VEW), enabling faster, scalable development of customer-focused features.
The VEW empowers Stellantis engineers worldwide to refine software early in development, leveraging virtual environments to develop, integrate, test and optimize up to a year before hardware becomes available. On its new technology platforms, 80-85% of testing is done on SIL platforms using continuous integration and testing methodologies, enabling the delivery of new vehicle software in under two years, significantly reducing time-to-market and enhancing product quality.
The Stellantis software strategy is built on three AI-powered technology platforms – STLA Brain, STLA SmartCockpit and STLA AutoDrive, which will debut on select vehicles in 2025. These platforms, developed on the VEW, ensure agile feature delivery across Stellantis’ 14 iconic brands.
“The integration of dSPACE tools into our Virtual Engineering Workbench will allow us to deliver innovative features faster, meeting customer expectations and enhancing their driving experience,” said Yves Bonnefont, Stellantis Chief Software Officer. “This collaboration is pivotal in realizing our vision for intelligent, connected vehicles and providing customers with continuous improvements via over-the-air updates.”
“The use of our products on the new Stellantis technology platforms enables us to gather direct customer input and feedback. This close collaboration will help us advance our software products and provide the most sophisticated and efficient tool chain for the validation of software-defined vehicles, enabling early integration and seamless combination of SIL and HIL test methods,” said Carsten Hoff, CEO at dSPACE.
The Stellantis VEW features a first-of-its-kind Virtual Cockpit, which helps accelerate development cycles by up to 100 times compared to traditional methods. With over 3,800 active unique daily users, it exemplifies Stellantis’ commitment to innovation, sustainability and delivering high-quality customer experiences.
The implementation of the proposed non-binding MOU is subject to a definitive agreement.
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About Stellantis
Stellantis N.V. (NYSE: STLA / Euronext Milan: STLAM / Euronext Paris: STLAP) is one of the world’s leading automakers aiming to provide clean, safe and affordable freedom of mobility to all. It’s best known for its unique portfolio of iconic and innovative brands including Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, FIAT, Jeep ® , Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis is executing its Dare Forward 2030, a bold strategic plan that paves the way to achieve the ambitious target of becoming a carbon net zero mobility tech company by 2038, with single-digit percentage compensation of the remaining emissions, while creating added value for all stakeholders. For more information, visit www.stellantis.com .
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For more information, contact:
Fernão SILVEIRA +31 6 43 25 43 41 – fernao.silveira@stellantis.com
Nathalie ROUSSEL +33 6 87 77 41 82 – nathalie.roussel@stellantis.com
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About dSPACE
dSPACE is a leading provider of simulation and validation solutions worldwide for developing connected, autonomous, and electrically powered vehicles. The company’s range of end-to-end solutions are used particularly by automotive manufacturers and their suppliers to test the software and hardware components in their new vehicles long before a new model is allowed on the road. Not only is dSPACE a sought-after partner in vehicle development, engineers also rely on our know-how at dSPACE when it comes to aerospace and industrial automation. Our portfolio ranges from end-to-end solutions for simulation and validation to engineering and consulting services as well as training and support. With more than 2,800 employees worldwide, dSPACE is headquartered in Paderborn, Germany; has three project centers in Germany; and serves customers through its regional companies in the USA, the UK, France, Japan, China, Croatia, Korea, India and Sweden.
For more information, contact:
Bernd Schäfers-Maiwald +49 5251 1638-714 – bschaefers-maiwald@dspace.de
Ulrich Nolte +49 5251 1638-1448, – unolte@dspace.de
Stellantis Forward Looking Statements
This communication contains forward-looking statements. In particular, statements regarding future events and anticipated results of operations, business strategies, the anticipated benefits of the proposed transaction, future financial and operating results, the anticipated closing date for the proposed transaction and other anticipated aspects of our operations or operating results are forward-looking statements. These statements may include terms such as “may”, “will”, “expect”, “could”, “should”, “intend”, “estimate”, “anticipate”, “believe”, “remain”, “on track”, “design”, “target”, “objective”, “goal”, “forecast”, “projection”, “outlook”, “prospects”, “plan”, or similar terms. Forward-looking statements are not guarantees of future performance. Rather, they are based on Stellantis’ current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them.
Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the ability of Stellantis to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; Stellantis’ ability to successfully manage the industry-wide transition from internal combustion engines to full electrification; Stellantis’ ability to offer innovative, attractive products and to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; 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’ vehicles; 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 to 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 to access funding to execute its business plan; Stellantis’ ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with Stellantis’ relationships with employees, dealers and suppliers; Stellantis’ ability to maintain effective internal controls over financial reporting; developments in labor and industrial relations and developments in applicable labor laws; earthquakes or other disasters; risks and other items described in Stellantis’ Annual Report on Form 20-F for the year ended December 31, 2023 and Current Reports on Form 6-K and amendments thereto filed with the SEC; and other risks and uncertainties.
Any forward-looking statements contained in this communication speak only as of the date of this document and Stellantis disclaims any obligation to update or revise publicly forward-looking statements. Further information concerning Stellantis and its businesses, including factors that could materially affect Stellantis’ financial results, is included in Stellantis’ reports and filings with the U.S. Securities and Exchange Commission and AFM.
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FAQ**
How might the Stellantis partnership with dSPACE influence the software development timeline for "United-Guardian Inc. UG" automotive innovations, particularly in terms of time-to-market and feature delivery?
In what ways can United-Guardian Inc. UG leverage Stellantis' collaboration with dSPACE to enhance its own virtual engineering and validation processes within the automotive sector?
What potential challenges could "United-Guardian Inc. UG" face in integrating the cloud-based development practices emerging from Stellantis' partnership with dSPACE?
How does the Stellantis-dSPACE collaboration align with "United-Guardian Inc. UG"'s strategic goals for innovation and sustainability in automotive technology?
**MWN-AI FAQ is based on asking OpenAI questions about United-Guardian Inc. (NASDAQ: UG).
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