hbspt.cta._relativeUrls=true;hbspt.cta.load(7169354, '7395c6e9-753d-405c-bea1-7978068a6635', {"useNewLoader":"true","region":"na1"}); Foxconn1974TPE2317www.honhai.com, FIHFIHFIH5GAIIoTIoVInternet of Vehicle, Stellantis . Defined, How to Pitch and Contact AUTO Connected Car News for Coverage, New Services Available from AUTO Connected Car News, Subscribe to AUTO Connected Car News-Letters. 2023 www.freep.com. (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., popularly known as Foxconn, together with its unit FIH Mobile Ltd. In the news release announcing his new gig, Benjamin said classic Scout vehicles have always exerted a magnetic pull on me. 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. They created the archetype for the modern SUV in the 60s and proved that a daily driver could also be a weekend adventurer. The Netherlands-based joint venture will operate as an automotive supplier, competitively bidding to supply software solutions and related hardware for Stellantis and other interested automakers.
Stellantis and Foxconn create Mobile Drive joint venture 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.
Mobile Drive Joint Venture | Stellantis 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. Click here to register, Mobile Drive is the new 50/50 joint venture announced by Stellantis and Foxconn, Privacy Statement All rights reserved. You can unsubscribe at any time through links in these emails. bertrand.blaise@stellantis.com, Pierre OLIVIER SALMON
$420,000. 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. 2.5 Baths. 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.
FIH Mobile and Stellantis Establish Joint Venture to Deliver - Foxconn Stellantis and Foxconn To Partner In Developing In-Car Tech Automakers are hunting for partners as they look to reinvent the vehicle cockpit. Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. 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. pierreolivier.salmon@stellantis.com, Valrie GILLOT
Chantelle Rees Equity Real Estate (Results) $520,000. Mobile Drive will combine Stellantis' global vehicle design and engineering expertise with Foxconn's global development of smartphones and consumer electronics. Invisible Condition Identification Symbol *NEW. 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. Heres what you need to know. Have an opinion about this story? 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. +33 6 83 92 92 96
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. ", Plus500. Whats next? 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. NEXTEER AUTOMOTIVE AND ETAS INC: Software-defined vehicles will transform auto industry, OEC: How to understand what customers are saying when theyre not saying it, PACE: Electrification Technology: Once the supply chain gets over the shock, EVs offer opportunities, Pace Program Navigating advanced driver-assistance systems, Phone Ninjas: 5 Reasons you need to use phone scripts for your dealership, REYNOLDS & REYNOLDS: Creating great retail customer experiences, REYNOLDS AND REYNOLDS: Are you ready for the FTC Safeguard Rule changes? May 18, 2021 - Conference Call and Webcast. 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..
For nearly 25 years hes brought to life vehicles that stand out on the road, Keogh said in a news release. 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.
Stellantis, Vulcan Energy sign deal for geothermal projects in France Based in the Netherlands, Mobile Drive's mission is . Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. 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. 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. 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.
Four new electric platforms, five gigafactories: Stellantis' EV plan Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? 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. 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. 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 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. Foxconn and Stellantis previously partnered in the development of the futuristic Airflow Vision concept car. A video shown during a news conference Tuesday highlighted numerous large display screens inside a future vehicle and the immersive experience envisioned. Don't have an account? This communication contains forward-looking statements.
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Stellantis, Foxconn To Form Mobile Drive JV For Digital Cockpits
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.
Mobile Drive will meet and exceed these expectations with teams of designers and software and hardware engineers, said Chairman Young Liu at Foxconn. 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. Im confident that Chris will build on that experience as he defines the next chapter of design for Scout and electric utility vehicles.. Mobile Drive will be equally owned by Stellantis and FIH. +33 6 76 86 45 48
The new company will combine Stellantis' global vehicle design and engineering experience with Foxconn's experience in consumer electronics. Is Stellantis (STLA) Stock Undervalued Right Now? All rights reserved. A subsidiary of Hon Hai Precision Industry and a leader in the worldwide mobile device industry, FIH offers vertically integrated, end-to-end design, development, and manufacturing services spanning handsets, mobile and wireless communication devices and consumer electronics products. 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. 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.