Thus, Fiat Chrysler Automobiles has created a platform for autonomous driving technology.
Obviously, other self-driving vehicle systems can use Chrysler‘s platform. Examples of such systems include the Apple Car and NVIDIA’s Drive processor for autonomous vehicles.
Tellingly, neither Apple (NASDAQ: AAPL) or NVIDIA (NASDAQ: NVDA) owns a car factory. On the other hand, Fiat Chrysler Automobiles owns auto factories in Europe, China, North America, and elsewhere.
Therefore, Fiat Chrysler Automobiles (FCAU) could be a value investment for autonomous vehicles.Read more