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Stellantis & Foxconn Create New Joint Venture Called Mobile Drive, For New In-Car Technologies:

Stellantis & Foxconn Create New Joint Venture Called Mobile Drive, For New In-Car Technologies:​

Company Will Be 50:50 And Will Supply Not Just Stellantis, But Entire Industry...​


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Stellantis and Hon Hai Precision Industry Co., Ltd. (also known as Foxconn), together with its subsidiary FIH Mobile Ltd., announced this morning that the trio was signing an on-binding memorandum of understanding to form Mobile Drive, a 50/50 voting rights joint venture aimed at accelerating development timelines to bring innovative in-vehicle user experiences enabled by advanced consumer electronics, Human-Machine Interface (HMI), and services that will exceed customer expectations.

 
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