Press release this morning from Samsara:
Samsara Expands Its Strategic Collaboration with Stellantis and Enables Access to Millions of Connected Vehicles Across Europe
Samsara’s Connected Operations platform will integrate directly with Stellantis’ built-in telematics hardware, covering Stellantis’ brands including Alfa Romeo, Citroën, DS Automobiles, FIAT, Jeep®, Opel, Peugeot, and Vauxhall. The integration applies to most vehicles manufactured after 2024, plus select models from 2018–2024, spanning both electric vehicles (EVs) and commercial fleets.
As the second largest automotive manufacturer in Europe, Stellantis accounts for approximately 17% of vehicle sales across Europe.
I don’t see how this isn’t a big win for Samsara. And the description sounds like a very easy integration, since they’re just connecting to systems already built into Stellantis vehicles:
Fleet operators will be able to connect Stellantis vehicles to Samsara’s platform without the need for additional hardware installation to gain instant access to critical data, such as GPS location, mileage, and fuel levels. With a simple Vehicle Identification Number (VIN) entry, onboarding a new vehicle is quick, seamless, and entirely remote.
To me that means that the positive impact from this deal on the company’s bottom line should show up pretty quickly.
$IOT is one of only two positions I still hold in relatively equal measure ($NU is the other). I’m very happy with this.
JabbokRiver