This combination will position Mobile Drive at the forefront of global efforts to deliver new infotainment and connected capabilities, both inside and outside the vehicle. Stellantis Stellantis will use two different lithium-ion chemistries by 2024 and plans to introduce solid-state cells . Mobile Drive will combine Stellantis global vehicle design and engineering expertise with Foxconns global development in the rapidly changing software and hardware realms of smartphones and consumer electronics. Stellantis, Foxconn To Form Mobile Drive JV For Digital - Nasdaq The partnership has combined Foxconn's capabilities in ICT industry and smart solutions, with Stellantis' expertise in the. Stellantis and Foxconn with its subsidiary FIH Mobile create the Mobile Forward-looking statements are not guarantees of future performance. The concept demonstrated the thinking of both companies in a next-generation of premium transportation and user experience. The move by Scout, a U.S. subsidiary of Stellantis rival VW, to tap into Detroit Three talent as it builds its operations is likely being watched by those automakers. Amsterdam, Taipei, May 18, 2021 - Stellantis NV (NYSE / MTA / Euronext Paris: STLA) (Stellantis) and Hon Hai Precision Industry Co., Ltd., (Foxconn) (TPE: 2317), together with its subsidiary FIH Mobile Ltd., (FIH) (HKG: 2038), today announced the signing of a non-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, HMI interfaces and services that will exceed customer expectations. The partnership has combined Foxconn's capabilities in ICT industry and smart solutions, with Stellantis' expertise in the automotive sector, ensuring the growth of Mobile Drive. Stellantis 1,676,322 followers 1y Edited #Stellantis, Foxconnto develop breakthrough digital cockpits and personalized #ConnectedServiceswith #MobileDriveJoint Venture. Mobile Drive will focus on infotainment, telematics and cloud service platform development with software innovations expected to include artificial intelligence-based applications, 5G communication, upgraded over-the-air services, e-commerce opportunities and smart cockpit integrations. The vehicles of the future will be increasingly software-driven and software-defined. May. To learn more, visit www.honhai.com. The mDL also gives greater accuracy to the businesses with whom you interact, can eliminate fake IDs, and can lower the incidence of fraudulent purchases, illegal driving, and criminals impersonating citizens. The combination will position Mobile Drive at the forefront of global efforts to deliver a new frontier of in-cabin information and entertainment capabilities, seamlessly connected inside and outside the vehicles in which they are installed. The optional Mobile Driver License (mDL) program is managed by the Utah Department of Public Safetys Driver License Division (DLD) and provides an official signed copy of your driver license or identification card placed on your mobile device for you to control. ISSN 2576-1064 (print) +33 6 33 72 61 86 DETROIT Stellantis and federal regulators say a third person has died in a crash involving an older Chrysler or Dodge vehicle as a result of an exploding Takata air bag, prompting an urgent. 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All rights reserved. 2021518, 2021518 - Stellantis NV NYSE / MTA / Euronext Paris: STLA Hon Hai Precision Industry Co., Ltd. TPE: 2317FIH Mobile Ltd. HKG: 2038Mobile Drivenon-binding memorandum of understandingMobile DriveHMI50/50Mobile DriveMobile Drive, CEOCarlos Tavares, Mobile Drive, , CEOYoung LiuMobile Drive, Mobile DriveFIHCEOCalvin Chih, Mobile DriveFoxconn, Mobile Drive, Yves Bonnefont, Mobile Drive5GOTAOver The Aire, CESAirflow Vision, For more information, contact:Simon KAO:+886 917 266330 - simonmhkao@fih-foxconn.comJimmy HUANG:+866.2.2268.3466 - media@foxconn.comBertrand BLAISE:+33 6 33 72 61 86 - bertrand.blaise@stellantis.comPierre OLIVIER SALMON:+33 6 76 86 45 48 - pierreolivier.salmon@stellantis.comValrie GILLOT:+33 6 83 92 92 96 - valerie.gillot@stellantis.comShawn MORGAN:+1 248 760 2621 - shawn.morgan@stellantis.comJack WANG:+86 -186 2105 6209 - chao.wang1@stellantis.comAndrea PALLARD:+39 335 873 7298 - andrea.pallard@stellantis.comSalima RAHLAOUI:+00212669844 145 - salima.rahmaoui@stellantis.comFabricio BIONDO:+5511992992833 - fabricio.biondo@stellantis.com. Based in the Netherlands, Mobile Drive's mission is . 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Foxconn and Stellantis previously partnered in the development of theAirflow Visiondesign concept, displayed at CES, the worlds most influential technology event. Stellantis, Foxconn to form connectivity-focused car - Reuters 18, 2021, 06:44 AM (RTTNews) - Carmaker Stellantis N.V. (STLA) announced Tuesday that it has signed a non-binding memorandum of understanding with Hon Hai Precision Industry Co., Ltd.,. Don't have an account? They relate to events and depend on circumstances that may or may not occur or exist in the future and, as such, undue reliance should not be placed on them. media@foxconn.com, Mobile Drive, with investments from both Foxconn and Stellantis, will accelerate go-to-market timelines for the most advanced in-car and connected-car technologies in the industry, Mobile Drive brings together expertise in consumer innovations from the sustainable mobility and advanced electronics industries, Joint venture will competitively bid for global vehicle program contracts with Stellantis and other auto industry companies. All development by Mobile Drive will be co-owned by Stellantis and Foxconn. Mobile Drive will be able to leverage Stellantis' knowledge in car design and engineering and Foxconn's expertise in hardware and software systems for connectivity technology. Stellantis, Foxconn team up on Mobile Drive venture - Automotive News Messages were sent to two spokespeople. ,Auburn Hills, Mich. Foxconn, which assembles the Apple iPhone, offers an avenue for the consumer electronics giant to become more involved with vehicles. Become a subscriber. The partnership has combined Foxconn's capabilities in ICT industry and smart solutions, with Stellantis' expertise in the automotive sector, ensuring the growth of Mobile Drive. Allstate: Compliance standards are changing. StellantisFoxconnMobile Drive May 18, 2021 - Conference Call and Webcast. Rather, they are based on the Groups current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. Young Liu, Foxconn chairman, said its a signal to the industry that we will be moving fast and he emphasized the increasingly central role technology plays in the in-car experience. Small Engine Squad Mobile Drive will meet and exceed these expectations with teams of designers and software and hardware engineers. Software is a strategic move for our industry and Stellantis intends to lead with Mobile Drive, a company that will enable the swift development of connectivity features and services that mark the next great evolution of our industry, just as electrification technology has., The vehicles of the future will be increasingly software driven and software defined. 3 Beds. bertrand.blaise@stellantis.com, Pierre OLIVIER SALMON We have vehicles that are outfitted to enable us to do all small engine repairs at your curbside, thus eliminating the need for you to haul your equipment to the shop. Whats next? Journalists must be registered with the site to receive email Actual results may differ materially from those expressed in forward-looking statements as a result of a variety of factors, including: the impact of the COVID-19 pandemic, the ability of the Group to launch new products successfully and to maintain vehicle shipment volumes; changes in the global financial markets, general economic environment and changes in demand for automotive products, which is subject to cyclicality; changes in local economic and political conditions, changes in trade policy and the imposition of global and regional tariffs or tariffs targeted to the automotive industry, the enactment of tax reforms or other changes in tax laws and regulations; the Groups ability to expand certain of its brands globally; its ability to offer innovative, attractive products; its ability to develop, manufacture and sell vehicles with advanced features including enhanced electrification, connectivity and autonomous-driving characteristics; various types of claims, lawsuits, governmental investigations and other contingencies, including product liability and warranty claims and environmental claims, investigations and lawsuits; material operating expenditures in relation to compliance with environmental, health and safety regulations; the intense level of competition in the automotive industry, which may increase due to consolidation; exposure to shortfalls in the funding of the Groups defined benefit pension plans; the ability to provide or arrange for access to adequate financing for dealers and retail customers and associated risks related to the establishment and operations of financial services companies; the ability to access funding to execute the Groups business plans and improve their businesses, financial condition and results of operations; a significant malfunction, disruption or security breach compromising information technology systems or the electronic control systems contained in the Groups vehicles; the Groups ability to realize anticipated benefits from joint venture arrangements; disruptions arising from political, social and economic instability; risks associated with our relationships with employees, dealers and suppliers; increases in costs, disruptions of supply or shortages of raw materials; developments in labor and industrial relations and developments in applicable labor laws; exchange rate fluctuations, interest rate changes, credit risk and other market risks; political and civil unrest; earthquakes or other disasters; the risk that the operations of Groupe PSA and FCA will not be integrated successfully and other risks and uncertainties. The co-owned entity will competitively bid to supply software and related hardware to Stellantis and other automakers, according to the companies. A key design leader for Jeep-parent Stellantis in North America who helped shape the interior look of vehicles such as the company's high-end Wagoneer has been snagged by Volkswagen . Im confident that Chris will build on that experience as he defines the next chapter of design for Scout and electric utility vehicles.. Haig Partners: How are dealerships being valued today? Benjamin's design role at Stellantis included work with the Chrysler, Ram and Dodge brands, in addition to Jeep. Invisible Condition Identification Symbol *NEW. It will change the frequency at which we upgrade our cars. Drivers of older Chrysler, Dodge vehicle urged 'do not drive' after Carmaker Stellantis has signed a new agreement with Australia-listed lithium supplier Vulcan Energy Resources aiming to help decarbonise its European operations, the two groups said on Wednesday. Its also a departure from other automakers that develop the technology inhouse. With this partnership, we will push the boundaries in connected car technology and bring immersive experiences yet to be imagined, said Yves Bonnefont, Chief Software Officer at Stellantis. JM&A Group, Easycare, Assurant: Unlocking new opportunities in F&I with digital retailing, Kerrigan Advisors: Interview with Baxter Auto Group, Kerrigan Advisors: Interview with Hitchcock Automotive, Kerrigan Advisors: Interview with Keyes Motors. Jeep designer Chris Benjamin taking skills to VW's Scout Motors In particular, these forward-looking statements include statements regarding future financial performance and the expectations of the combined group (the Group) resulting from the merger of FCA and Groupe PSA as to the achievement of certain targeted metrics at any future date or for any future period are forward-looking statements. The deal makes sense for Stellantis because it gets to use its vehicle design and engineering know-how to develop tomorrow's in-car software with a consumer electronics company that has plenty of experience with smart mobile devices. Stellantis aspires to become the greatest, not the biggest while creating added value for all stakeholders as well as the communities in which it operates. Customers today and, in the future, demand and expect ever increasing software driven and creative solutions to connect the drivers and passengers with the vehicle inside and out. Its ownership. More:UAW statement on $2B VW plant highlights right of workers to organize, Chris work is prolific. Prior to his time at Stellantis/FCA, he worked at Mercedes-Benz, BMW and Volvo. Homes similar to 1936 N 700 W are listed between $420K to $955K at an average of $265 per square foot. 1:07. The technology developed through Mobile Drive is expected to be used in all Stellantis brands. Foxconn is also the leading technological solution provider and it continuously leverages its expertise in software and hardware to integrate its unique manufacturing systems with emerging technologies. This is a natural extension of Foxconns global leadership in the development and application of smart technologies to improve the quality of life of consumers around the world.. Stellantis and Foxconn create Mobile Drive joint venture Stellantis, Foxconn to Develop Breakthrough Digital Cockpits and EXCLUSIVE-Stellantis, GM pay $363 million in US fuel economy - Nasdaq Mobile Drive also promises to realize some development and technology by vertically integrating supply chains. Stellantis, for example, is working with Foxconn on a 50-50 joint venture announced last year. Any forward-looking statements contained in this communication speak only as of the date of this document and the Group disclaims any obligation to update or revise publicly forward-looking statements. 2.5 Baths. Contact Eric D. Lawrence: elawrence@freepress.com. Benjamin, a graduate of the College for Creative Studies, lives in metro Detroit and is a native of New York and Miami, according to the release. Stellantis and Foxconn: Mobile Drive Vision - YouTube Established in 2019, Mobile Drive Technology Co., Ltd (MobileDrive) originated from the automotive division of FIH Mobile (a subsidiary of Hon Hai Technology Group(Foxconn)), focuses on the research and development of in-vehicle solution and connected car services. The combination will position Mobile Drive at the forefront of global efforts to deliver a new frontier of in-cabin information and entertainment capabilities, seamlessly connected inside and outside the vehicles in which they are installed. Chris Benjamin, a vice president of interior design at Stellantis, has been named chief design officer for Scout. The mDL was implemented to give you additional convenience and to improve your privacy and control. May 18, 2021 Customers today and, in the future, demand and expect ever increasing software driven and creative solutions to connect the drivers and passengers with the vehicle inside and out. Scout earlier this year announced plans for a $2 billion EV plant on 1,600 acres near Interstate 77 in South Carolina, with vehicle production expected by the end of 2026. Foxconn and Stellantis previously partnered in the development of the Airflow Vision design concept, displayed at CES, the world's most influential technology event. The record-setting penalties include $235.5 million for Stellantis for the 2018 and 2019 model years and $128.2 million for GM covering 2016 and 2017. Provide customers with safety-first and people-centered ADAS solution. These statements may include terms such as may, will, expect, could, should, intend, estimate, anticipate, believe, remain, on track, design, target, objective, goal, forecast, projection, outlook, prospects, plan, or similar terms. MobileDrives headquarter is in the Netherlands, with offices in Taiwan and Mainland China. Stellantis is one of the worlds leading automakers and a mobility provider, guided by a clear vision: to offer freedom of movement with distinctive, affordable and reliable mobility solutions. What Happened: Stellantis NV STLA and Foxconn signed a non-binding memorandum of understanding to set up a 50-50 joint venture, named Mobile Drive, based in the Netherlands. Become a subscriber. Mobile Drive will combine Stellantis' global vehicle design and engineering expertise with Foxconn's global development of smartphones and consumer electronics. Called Mobile Drive, the venture is focused on technologies that bring connected content into the car to improve infotainment, telematics and cloud service features. Remote work won't end with Stellantis' return-to-office plans, Stellantis exec: Lower inventory levels connected to chip shortage not such a bad thing, Stellantis CEO commits Jeep, Ram maker to big EV targets, Your California Privacy Rights / Privacy Policy. Free Press auto critic Mark Phelan has called VWs move to revive the International Scout brand a potential stroke of genius that should cause sleepless nights for executives at Ford, Jeep, Chevrolet and GMC.. https://www.stellantis.com/en/news/press-releases/2021/may/stellantis-foxconn-announce-mobile-drive, Mobile DriveFoxconnStellantis, Mobile Drive, Stellantis. UAW statement on $2B VW plant highlights right of workers to organize, Stellantis is investing in company that plans to make lithium-sulphur EV batteries, Ram 'Stadion' electric pickup takes top prize in Stellantis Drive for Design contest, Free Press auto critic Mark Phelan has called VWs move to revive the International Scout brand a potential stroke of genius, Your California Privacy Rights / Privacy Policy. Customers today and, in the future, demand and expect ever-increasing software-driven and creative solutions to connect the drivers and passengers with the vehicle inside and out, Liu said in a news release. The joint venture will focus on infotainment, telematics and cloud service platform developmentwith software innovations expected to include artificial intelligence-based applications, 5Gcommunication, upgraded over-the-air services, e-commerce opportunities and smart cockpitintegrations. Mobile Drive: Stellantis and Foxconn form joint venture for in-car Click here to submit a Letter to the Editor, and we may publish it in print. Simon KAO: +886 917 266330 - simonmhkao@fih-foxconn.com, Jimmy HUANG: +866.2.2268.3466 - media@foxconn.com, Bertrand BLAISE: +33 6 33 72 61 86 - bertrand.blaise@stellantis.com, Pierre OLIVIER SALMON: +33 6 76 86 45 48 - pierreolivier.salmon@stellantis.com, Valrie GILLOT: +33 6 83 92 92 96 - valerie.gillot@stellantis.com, Shawn MORGAN: +1 248 760 2621 - shawn.morgan@stellantis.com, Jack WANG: +86 -186 2105 6209 - chao.wang1@stellantis.com, Andrea PALLARD: +39 335 873 7298 - andrea.pallard@stellantis.com, Salima RAHLAOUI: +00212669844 145 - salima.rahmaoui@stellantis.com, Fabricio BIONDO: +5511992992833 - fabricio.biondo@stellantis.com. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Mobile Drive will be equally owned by Stellantis and FIH. Chairman Young Liu at Foxconn said, "The vehicles of the future will be increasingly software driven and software defined. The combination will position Mobile Drive at the forefront of global efforts to deliver a new frontier of in-cabin information and entertainment capabilities, seamlessly connected inside and outside the vehicles in which they are . About MobileDrive - MobileDrive See more newsletter options at autonews.com/newsletters. No data ever leaves your device without your consent. The companies agreed to form Netherlands-based Mobile Drive, a 50/50 voting rights joint venture to develop breakthrough digital cockpits and personalized connected services. Mobile Drive will operate as an automotive supplier, aiming to provide software systems and related hardware both to Stellantis and other interested automakers, the companies said in a joint. FIH Mobile and Stellantis Establish Joint Venture to Deliver Disruptive +886 917 266330 All development by Mobile Drive will be co-owned by Stellantis and Foxconn. This communication contains forward-looking statements. Privacy protections are built into the software so that no entity can track how you use your mDL, but you have complete transparency into how and where youve used your mDL. Mobile Drive, the new 50/50 joint venture announced by Stellantis and Foxconn is aimed at accelerating development timelines to bring innovative in-vehicle user experiences enabled by advanced consumer electronics, HMI interfaces and services that will exceed customer expectations. Stellantis NV and Hon Hai Technology Group ( aka Foxconn) and its subsidiary FIH Mobile Ltd., have announced the forming of Mobile Drive, a 50/50 joint venture aimed at accelerating market introduction for the most advanced in-car and connected-car technologies in the industry. Bertrand BLAISE hbspt.cta._relativeUrls=true;hbspt.cta.load(7169354, '7395c6e9-753d-405c-bea1-7978068a6635', {"useNewLoader":"true","region":"na1"}); Foxconn1974TPE2317www.honhai.com, FIHFIHFIH5GAIIoTIoVInternet of Vehicle, Stellantis . All rights reserved. They created the archetype for the modern SUV in the 60s and proved that a daily driver could also be a weekend adventurer. ISSN 2576-1072 (online), Possible 'massive' Tesla data breach looked into by European authorities, Indictment of former Apple self-driving engineer sends message on national security risk, experts say, Indy 500 race cars are running on 100% renewable fuel and tires with recycled plastics, Sponsored Content: Strategies for handling new F&I dynamics, Sponsored Content: Bridge Recon to Multiple Stores. Rather, they are based on the Groups current state of knowledge, future expectations and projections about future events and are by their nature, subject to inherent risks and uncertainties. Pierre Lampert on LinkedIn: Stellantis and Foxconn: Mobile Drive Vision Stellantis and Foxconn 'Mobile Drive' JV to produce smart cockpit for future vehicles Stellantis has joined hands with electronics giant Foxconn to make a smart cockpit that will feature navigation, voice assistance and payment services. All Rights Reserved. Utah Mobile Driver License (mDL) Program | DPS - Driver License Stellantis, GM pay $363 million in U.S. fuel economy penalties Mobile Drive Joint Venture | Stellantis Click here to register, Mobile Drive is the new 50/50 joint venture announced by Stellantis and Foxconn, Privacy Statement Mobile DriveFoxconnStellantis Mobile Drive Stellantis That's why Stellantis has just locked a deal with Foxconn, the manufacturer of iPhones, to create a new 50/50 joint venture called Mobile Drive. Mobile Drive will be equally owned by Stellantis and FIH. Today, theres something that matters just as much as beautiful design or innovative technology, its how the features inside our vehicles improve the lives of our customers, said Carlos Tavares, Chief Executive Officer at Stellantis. 2023 www.freep.com. That plant, which aims to resurrect the iconic Scout name for its next generation trucks and rugged SUVs, has the potential to create 4,000 or more permanent jobs and produce more than 200,000 vehicles annually, according to Scout. Foxconn, Stellantis create Mobile Drive supplier for cockpit tech Moving into the internet era, FIH leveraged its core strengths in hardware and software to enter the 5G, AI, IoT and IoV (Internet of Vehicle) fields, building a full internet and mobile ecosystem. 1936 N 700 W, Provo, UT 84604 | MLS# 1801453 | Redfin Software is a strategic move for our industry and Stellantis intends to lead with Mobile Drive, a company that will enable the swift development of connectivity features and services that mark the next great evolution of our industry, just as electrification technology has., The vehicles of the future will be increasingly software driven and software defined. Furthermore, MobileDrive has been awarded ASIL-D, the highest level of ISO 26262 for automotive functional safety, and will strictly follow the functional safety process to improve the driving safety of vehicles on the road. Stellantis and iPhone maker Foxconn are developing a partnership to supply not only Jeeps and Peugeots with . 1155 Gratiot Avenue Unlike the physical card and barcode, you may limit the data you share with businesses or entities that you interact with.