Stellantis and Foxconn create the Mobile Drive joint venture

SVOLT announces its partnership with automotive holding company Stellantis. With its brands including Chrysler, Citroën, Fiat, Opel and Peugeot, Stellantis is one of the world’s leading automotive manufacturers and mobility providers. On 8 July 2021, Stellantis presented a comprehensive electrification strategy for the company's brands at its "EV Day 2021". The strategy is based on four flexible BEV-by-design...

14 July 2021

Stellantis unveiled its electrification strategy by 2030. It plans to invest more than €30 billion through 2025 in electrification and software. By 2030, the company will aim to achieve 70% of sales in Europe and 40% in the USA to be low emission vehicles. All 14 brands under Stellantis are committed to offering best-in-class fully electrified solutions. These will include the creation of four flexible BEV-by-design...

9 July 2021

Stellantis today announced a £100 million investment in Vauxhall's production plant at Ellesmere Port to transform the site for the new era of electric vehicle manufacturing. At the end of next year, Ellesmere Port will be the first Stellantis plant to produce exclusively purely battery-electric models both in the light commercial vehicle version and in the passenger car version for the Vauxhall, Opel, Peugeot and...

6 July 2021

On Thursdau, July 8, 2021, Stellantis will host its EV Day 2021 - a digital event that will focus on the company's EV strategy. It will commence at 2:30 pm CEST / 8:30 am EDT.

3 July 2021

Fisker has announced it has signed framework agreements with Foxconn (Hon Hai Technology Group) for the joint development and manufacturing of EVs under the Project PEAR (Personal Electric Automotive Revolution). This project includes the joint work on a new lightweight platform designated FP28. The aim is to introduce breakthrough vehicles priced at under USD 30,000. Production is scheduled to start in the US in Q4...

14 May 2021

Stellantis, created by the merger of Fiat Chrysler and PSA, prepares aggressively for an EV future. Carlos Tavares, the company CEO, revealed its electrification plans during the first annual meeting of Stellantis. First, in 2021, the company plans to triple the sales of electrified vehicles (all-electric and hybrids) in the USA. This sums up to roughly 400,000 vehicles this year or 14% of overall sales. By 2030 it...

18 April 2021

Zhejiang Geely Holding Group (Geely Holding) and Foxconn Technology Group (Foxconn) signed a strategic cooperative agreement that will establish a joint venture company to provide OEM production and comprehensive customized consulting services relating to whole vehicles, parts, intelligent drive systems, automotive ecosystem platforms, electric vehicle industry value chain, etc to global automotive enterprises. The...

18 January 2021

Stellantis announced that, following completion of the merger of Groupe PSA and FCA on January 16, the combined company was renamed Stellantis, the Board of Directors of Stellantis was appointed, and Stellantis's Articles of Association became effective. As previously announced, the Board of Directors of Stellantis is composed of two executive directors, John Elkann (Chairman) and Carlos Tavares (Chief Executive...

18 January 2021

Bloomberg reports that Foxconn is allegedly in talks with Byton to invest around $200 million in the troubled China-based EV start-up. This investment should help Byton to start the production of the Byton M-Byte in Q1 of 2022. Foxconn is mainly known as the company that assembles Apple's iPhones. In October, the company introduced its MIH open platform for EVs and even shared plans for a solid-state battery launch...

4 January 2021

A year ago, we reported that Foxconn - the manufacturer of Apple's iPhones - plans to enter the EV market with a focus on software-hardware integration in vehicles. Foxconn seems to be all-ready with its plan as it has introduced its own software and hardware open platform for electric vehicles called MIH. By allowing developers access to key technologies and tools for developing EVs on MIH, Foxconn reduces the...

20 October 2020

FCA and Groupe PSA announced the official name of the new business entity formed by their merger - Stellantis. It is derived from the Latin verb stello meaning "to brighten with stars". The Latin origins of the name pay tribute to the rich history of its founding companies while the evocation of astronomy captures the true spirit of optimism, energy and renewal driving this industry-changing merger. The Stellantis...

18 July 2020

Fiat Chrysler Automobiles (FCA) officially confirmed that it is in a discussion process with Foxconn (Hon Hai Precision Ind. Co., Ltd.) regarding the potential creation of an equal joint venture to develop and manufacture in China new generation battery electric vehicles and engage in the IoV (Internet of Vehicles) business. Moreover, FCA said that the two parties are in the process of signing a preliminary...

17 January 2020

The International Conference on the Internet of Vehicles opens up today in Taiwan and will close on November 21st. It will discuss topics related to Vehicle Behavior Model and Environment Awareness, Cooperative Driving, Intelligent and Autonomous Vehicles, Telematics, Wireless Communication Networks for IOV, Services and applications of IOV, Complex systems and systems-of-systems for IOV, Theory, technology...

18 November 2019