Stellantis Group and Foxconn Established Mobile Drive Joint Venture

Recently, bought a car network Buycar learned that Stellantis Group and Honghai Precision Industrial Co., Ltd. jointly announced a memorandum of understanding, with 50/50 voting rights with its subsidiary Fu Zhikang Group Co., Ltd. A joint venture called “Mobile Drive”. The goal of the new joint venture is to accelerate technology development, providing innovative car user experience that exceeds consumers expected by advanced consumer electronics, human-machine interactions and services.

Mobile Drive will fully combine experience in the global vehicle design and engineering field, as well as global development of Foxconn in the field of smartphones and consumer electronic products. strength. Stellantis Group CEO Tang Tang really pointed out: “Today, how to enhance the consumer’s life experience is an important issue, which has the same important status with beautiful modeling or innovation technology, software development is the strategic key to the automotive industry. The Stellantis Group is determined to lead the industry, car network function and service to mark the next major change in the automotive industry. The new joint venture will quickly invest in the research and development of the field, this change is equally important to the electrification technology of vehicles. “[123

Stellantis Group and Foxconn will share all the development results of Mobile Drive joint venture. The new joint venture company is headquartered in the Netherlands, which will be operated as a car supplier and participate in the bidding Stellantis Group and other software solutions for car manufacturers interested in the joint venture and related hardware supplies.

It is understood that Mobile Drive will focus on info, remote information processing, and cloud service platform development. Software innovation will include artificial intelligence applications, 5G communications, upgraded OTA wireless remote services, e-commerce and Integration of smart cockpit.