Amazon: 2023 letter to shareholders
Published today, 11 April, the full letter can be downloaded here.
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REUTERS reports:
Amazon.com Inc and Stellantis NV (STLA.MI) said Wednesday they will collaborate to develop cars and trucks with Amazon software in the dashboards, and deploy electric vans made by Stellantis on Amazon’s delivery network.
The agreements expand Amazon’s efforts to get a bigger foothold in the transportation industry, and could help Stellantis close the gap with Tesla Inc (TSLA.O) in developing vehicles with sophisticated, software-powered infotainment features that are connected to the data processing cloud.
Stellantis shares were up (…). The agreements between Stellantis and Amazon, the online retailer and cloud computing power, announced in conjunction with the CES technology conference, are wide ranging, involving software and hardware.
Amazon and Stellantis said they will work together to develop software for the “digital cockpit” infotainment systems of Stellantis vehicles that will start launching in 2024. Stellantis said it will use Amazon’s Alexa technology for voice controlled features, “navigation, vehicle maintenance, ecommerce marketplaces, and payment services.”
Big ecommerce delivery fleet operators such as Amazon will be key to determining winners and losers as established automakers compete with startups to electrify the world’s package delivery system…
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