Stellantis-Foxconn: announced a strategic partnership on electric and hi-tech

Stellantis-Foxconn: announced a strategic partnership on electric and hi-tech
Stellantis-Foxconn: announced a strategic partnership on electric and hi-tech

Long negotiations. Barring any last minute surprises, the event should be the result of the negotiations started in January 2020 by the then Fiat Chrysler for the creation of a joint venture dedicated to the development and production of battery cars and connected car solutions. “The proposed collaboration, initially focused on the Chinese market, would allow the parties to combine the capabilities of two established world leaders in automotive design, engineering, manufacturing and mobile software technology, to focus on the growing electric vehicle market. battery “, explained FCA in a statement released to confirm the ongoing discussions with the Taiwanese company and anticipated by the Japanese newspaper Nikkei. The rumors spoke of a company focused on the assembly of cars on tap in China, to be initially marketed on local market, and the involvement of two companies of the Taiwanese multinational: FIT Hon Teng, active in the production of car components, and FIH Mobile, specialized in the assembly of smartphones with an Android operating system and in the development of IT solutions. Chrysler was listed as being in charge of the activities purely production, while the Taiwanese were supposed to provide electronic know-how, including hardware and software. The presence at the press conference of the head of the FIH alone suggests the possibility that the partnership does not foresee, at least for now, the production of cars, but only the development of IT solutions.

From smartphones to cars. The new agreement, in any case, is yet another step in the electrification strategies of the range of the new Stellantis group and further proof of the Taiwanese multinational’s increasingly serious intentions in the field of draft cars. Foxconn, the world’s largest manufacturer of electronic and IT devices for third parties (produces, for example, Sony’s Playstations, Microsoft’s Xboxes, Huawei and Xiaomi mobile phones and above all the Apple iPhone), has launched in recent years, a strategy of diversification of activities to compensate for the volatility of its reference market: President Liu has focused on digital medical diagnostics, advanced robotics and the segment of components and services for electric mobility. In this context, the MIH Open Platform Alliance was launched to provide third parties with a platform for the production of electric cars according to the outsourcing model already successfully tested in the field of smartphones. The proposal has already attracted the interest of thousands of realities of the most varied sectors, attracted by a business model capable of reducing costs and barriers to entry into the market not so much for electricity as for connected cars and related data. The Taiwanese company has already signed agreements with the Chinese Geely, Byton and, lastly, with the Fisker.

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StellantisFoxconn announced strategic partnership electric hitech

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