Stellantis and Foxconn create the Mobile Drive joint venture

Factorial announced the company's first 100 Ah battery cell was previewed at CES 2023 in the Stellantis exhibition space. Developed as part of Factorial and Stellantis' joint development agreement announced in November 2021, this cell results from the two companies' continued collaboration to bring advanced solid-state battery technology to electric vehicles. After already successfully creating automotive relevant...

10 January 2023

Stellantis and Element 25 announced today the signing of a binding agreement for Element 25 to supply battery-grade, high-purity manganese sulphate monohydrate to Stellantis for use in electric vehicle (EV) battery packs. The five-year agreement calls for shipments to begin in 2026, a total volume of 45 kilotons, and options to extend the supply term and volumes. Element 25 will source the material from its...

9 January 2023

Peugeot Inception Concept debuted at CES 2023, heralding a new era for the brand and embodying its vision for future electric vehicles. Featuring a revolutionary exterior and interior design, including the next-generation Peugeot i-Cockpit and innovative Hypersquare control system with steer-by-wire technology, the Inception Concept will inspire Peugeot’s future products from 2025, with the goal of bringing most of...

6 January 2023

Peugeot Inception Concept will be presented on January 5th, 2023 in a world premiere at the Consumer Electronics Show, the famous CES in Las Vegas in the United States. The Peugeot brand cannot resist the pleasure of sharing a few preview images and a video. With a new formal language that exalts its feline and attractive attitude, its revolutionary interior design, and its promise of unprecedented driving...

16 December 2022

Stellantis brings its vision for a new era of cutting-edge freedom of mobility to CES 2023, the greatest worldwide event for technology in Las Vegas, Nevada, on January 5-8, 2023. The CEO Carlos Tavares has been invited by CES to deliver a keynote about Stellantis' vision on Thursday, January 5, in the Venetian Palazzo Ballroom. Highlights of the keynote presentation include the global debuts of the Peugeot...

16 December 2022

Stellantis and its dealership network across the United States are driving toward their electrified future. Working with its 2,600-plus dealers, the company is focused on the dealership transition to electric-vehicle sales and service, offering consulting and on-site evaluation of electric vehicle (EV) integration needs within every area of the dealership business. To date, nearly 70% of dealers are in the process...

30 November 2022

Horizon Plus, a joint venture between Taiwan-based Foxconn Technology Group and Thailand's state-run energy group PTT, held the stone-laying and groundbreaking ceremony for its EV manufacturing facility at the Rojana Nhongyai Industrial Park, Chonburi Province, Thailand. This site is a part of the Eastern Economic Corridor (EEC) in eastern Thailand. The investment amounts to THB 37 million (USD 1 billion) and the EV...

15 November 2022

The Foxconn-initiated MIH Consortium announced Project X, an open and agnostic EV Platform for the innovators, by the innovators. MIH is lowering the entry barrier for companies entering the electric vehicle market to customize vehicles based on their needs. To make it easier for partners and potential customers to understand the open and agnostic nature of MIH and to realize technologies developed by the MIH...

8 November 2022

Lordstown Motors and Foxconn announced that they reached an agreement pursuant to which Foxconn agreed to make additional equity investments in Lordstown Motors in the form of $70 million of LMC's Class A common stock, $0.0001 par value per share, and up to $100 million of a newly created Series A Convertible Preferred Stock, $0.0001 par value per share. Upon completion of the Investment Transactions, Foxconn is...

8 November 2022

Hon Hai Technology Group ("Foxconn") announced two, new self-developed electric vehicles at its third annual Hon Hai Tech Day (HHTD): the Model B crossover hatchback and the Model V all-terrain, electric pickup. At the same time, Hon Hai showcased for the first time its self-developed HHEV.OS electric vehicle software platform, which can meet the highest vehicle safety level of software design, greatly reducing the...

18 October 2022

As Stellantis pushes to launch an additional 28 all-new battery electric vehicles through 2024, the Paris Motor Show was a fitting stage for the Company to showcase its capabilities and a broad range of electrified offerings and future plans. Stellantis CEO Carlos Tavares and President of the French Republic Emmanuel Macron today announced that the Mulhouse facility will produce the future Peugeot e-308 sedan and...

17 October 2022

Stellantis and GME announced the signing of a non-binding Memorandum of Understanding (MOU) for the future sale of quantities of battery-grade nickel and cobalt sulphate products from the NiWest Nickel-Cobalt Project in Western Australia. NiWest is an advanced nickel-cobalt development project and will produce approximately 90,000 tpa (tons per annum) of battery grade nickel and cobalt sulphate for the burgeoning...

12 October 2022

The Jeep brand is accelerating toward Zero Emission Freedom and will make a series of announcements on its electrification plans during the upcoming Jeep Brand 4xe Day. The video presentation will go live on Thursday September 8th, 2022, at 8:00 a.m. EDT / 2:00 p.m. CET on the Jeep brand’s YouTube channel.

31 August 2022

Yesterday, Foxconn (Hon Hai Technology Group) held a groundbreaking ceremony for the Hon Hai Battery Cell Research & New Product Introduction Center at the Hofa Industrial Park in Kaohsiung City, Taiwan. The company will invest at least NT$6 billion (US$202 million) in this battery cell R&D center. The battery production unit is planned to have an annual production capacity of 1GWh in 2024. The cells manufactured...

16 June 2022