StockNews.AI

IVECO and PlusAI launch new Level 4 Autonomous Driving programme in Spain

StockNews.AI • 1 minute

IVGCCIX
High Materiality8/10

Information

Turin, Italy / Santa Clara, CA, 12th January 2026. IVECO, the brand of Iveco Group N.V. (EXM: IVG) t...

Original source

AI Summary

IVECO is launching a Level 4 autonomous truck program in partnership with PlusAI, targeting improved efficiency and road safety for Spain's freight transport. This venture, starting multi-year testing in 2026, may strengthen IVECO’s positioning in the autonomous vehicle space and boost PlusAI's market presence amid its merger with Churchill Capital Corp IX (CCIX).

Sentiment Rationale

The partnership signals a strong focus on innovation in a rapidly growing sector; successful execution may attract more investors post-merger.

Trading Thesis

Consider buying CCIX as the merger with PlusAI could enhance its growth trajectory in autonomous tech.

Market-Moving

  • The announcement heightens investor interest in autonomous vehicle technology.
  • Potential regulatory support from the government of Aragon could enhance project viability.
  • Successful testing may lead to increased demand for PlusAI's technology and subsequent stock appreciation.
  • Partnerships with logistics operators may spur further collaborations in the industry.

Key Facts

  • IVECO partners with PlusAI for Level 4 autonomous truck deployment in Spain.
  • Testing will involve two S-Way trucks operating on a 300 km freight route.
  • The program aims to enhance safety, efficiency, and sustainability in trucking.
  • PlusAI is merging with Churchill Capital Corp IX (CCIX), accelerating its growth.
  • The initiative supports IVECO's strategy for innovative autonomous driving solutions.

Companies Mentioned

  • PlusAI (N/A): Engaging in autonomous tech deployment, directly tied to CCIX's merger news.
  • Churchill Capital Corp IX (CCIX): The merger could significantly boost PlusAI's operational capabilities and market traction.

Corporate Developments

The category fits 'Corporate Developments' as it involves strategic partnerships aimed at enhancing technology within the commercial vehicle sector, particularly autonomous driving advancements, impacting market dynamics for both IVECO and PlusAI.

IVECO and PlusAI Unveil Level 4 Autonomous Driving Programme in Spain

On January 12, 2026, IVECO, a prominent brand under Iveco Group N.V. (EXM: IVG), announced a groundbreaking initiative in collaboration with PlusAI, a leader in AI-driven virtual driver software for autonomous trucks. This innovative programme marks the launch of heavy-duty trucks equipped with Level 4 Autonomous Driving Systems (ADS) in Southern Europe, leveraging a partnership with Spanish logistics operator Sesé and the Government of Aragon.

Programme Details and Testing

The cooperation aims to develop two state-of-the-art heavy-duty trucks that feature Level 4 autonomous driving capabilities through PlusAI's SuperDrive™ virtual driver technology. The deployment will initiate multi-year testing in 2026, ensuring that a safety operator is present throughout the trial period. These IVECO S-Way vehicles will operate autonomously on freight routes between Madrid and Zaragoza, covering approximately 300 km (184 miles).

Expert Insights on the Initiative

Marco Liccardo, Chief Technology & Digital Officer at Iveco Group, highlighted the significance of this project, stating, “Vehicle automation is a key pillar of Iveco Group’s technology strategy. We are thrilled to reinforce our strong partnership with PlusAI to further innovate our ADAS and ADS technologies on board IVECO trucks." Liccardo emphasized the effort to provide high-quality technology for sustainable transport solutions.

Shawn Kerrigan, COO and Co-Founder of PlusAI, described the transformative potential of autonomous trucks, stating, “This technology could dramatically improve road safety and reshape commercial freight transportation globally." He noted the importance of collaboration with IVECO and Sesé to enhance the safety, efficiency, and sustainability of trucking, ultimately reinforcing Europe’s supply chains.

Iveco Group's Commitment to Autonomous Solutions

IVECO Group has been at the forefront of researching and developing autonomous and connected driving solutions for several years. The company has engaged in joint testing with PlusAI on advanced Level 2+ and Level 4 programmes aimed at delivering safer, cleaner, and more efficient transport systems. This new programme aligns with PlusAI's strategic growth plans following its recent business combination with Churchill Capital Corp IX (Nasdaq: CCIX).

About IVECO and Its Brand Portfolio

Iveco Group N.V. (EXM: IVG) comprises a diverse portfolio of brands that drive its mission towards a sustainable society. The key brands include:

  • IVECO: Specializes in the design, manufacturing, and marketing of heavy, medium, and light-duty trucks.
  • FPT Industrial: A leader in advanced powertrain technologies.
  • IVECO BUS and HEULIEZ: Focus on mass transit and premium bus solutions.
  • IDV: Dedicated to defense and civil protection equipment.
  • ASTRA: Known for heavy-duty quarry and construction vehicles.
  • IVECO CAPITAL: Provides financing solutions for the brands.

With a global workforce of 36,000 employees and numerous industrial and R&D sites, Iveco Group remains committed to innovation in the commercial vehicle sector.

Media Contacts

For further information, please contact:

Related News