Stellantis and Foxconn form Mobile Drive joint venture

Stellantis and Foxconn signed a non-binding MOU to form Mobile Drive, a 50/50 joint venture to develop advanced in-car digital cockpits and connected services. The JV will combine Stellantis' vehicle design with Foxconn's consumer electronics expertise.

“Mobile Drive will combine Stellantis’ global vehicle design and engineering expertise with Foxconn’s global development in the rapidly changing software and hardware realms of smartphones and consumer electronics.”stellantis.com

• 2 sources
• stellantis.comStellantis, Foxconn to Develop Breakthrough Digital Cockpits and Personalized Connected Services with Mobile Drive Joint Venture | StellantisMay 18, 2021
• autocar.co.ukStellantis and Foxconn partner to form Mobile Drive software arm | AutocarFelix PageMay 18, 2021

Summarized from public sources; check the original articles before acting on it.