Mobile Drive, created with the investments of Foxconn and Stellantis, will enable the most advanced in-car and connected car technologies in the industry to enter the market faster. Mobile Drive brings together the expertise gained in sustainable mobility and consumer innovation in the advanced electronics industries. The joint venture will operate as an automotive supplier with competitive bids to Stellantis and other interested automakers.
Stellantis NV (NYSE / MTA / Euronext Paris: STLA) ("Stellantis") and Hon Hai Precision Industry Co., Ltd., ("Foxconn") (TPE: 2317) - FIH FIH Mobile Ltd., ("FIH") (HKG: 2038) signed a non-binding memorandum of understanding for Mobile Drive, a high-tech software and digital development company created with 50/50 joint investments of its sister companies.
Mobile Drive, aiming at the best in-car user experiences by exceeding customer expectations, with advanced consumer electronics, HMI interfaces and customer expectations, is getting ready to present the digital experiences of the future to consumers today. Mobile Drive, which will use the most advanced innovations in the electronics industry for sustainable mobility, will serve other automobile manufacturers, if requested, along with Stellantis, which holds the world's leading automotive brands under its roof. Mobile Drive; It will combine Stellantis' global vehicle design and engineering expertise with Foxconn's global development in the rapidly changing software and hardware areas of smartphones and consumer electronics.
This merger will position Mobile Drive at the forefront of global efforts to deliver a new in-cabin information and entertainment capacity that connects seamlessly inside and outside the vehicles it is used in. Stellantis Chief Executive Officer Carlos Tavares said, “Today, there is something as important as beautiful design or innovative technology; And that is how the features inside our cars improve the lives of our customers. The software is a strategic breakthrough for our industry, and Stellantis plans to lead with Mobile Drive, a company that will enable rapid development of connectivity features and services that mark the next major evolution of our industry, just like in electric vehicle technology. ”
Foxconn Chairman Young Liu said: “The tools of the future will be increasingly software-oriented and software-defined. Today and in the future, customers are increasingly demanding and expecting more software-focused and creative solutions to connect drivers and passengers to the vehicle inside and outside. Mobile Drive; With teams of designers, software and hardware engineers, it will meet and exceed these expectations. This joint venture is a natural extension of Foxconn's global leadership in the development and application of smart technologies to improve the quality of life for consumers around the world. ”
Stellantis and Foxconn will jointly own all developments of Mobile Drive, which will provide the digital experiences of the future. The Netherlands-based joint venture will operate as an automotive supplier with competitive bids to provide software solutions and related hardware to Stellantis and other interested automakers.
Calvin Chih, CEO of FIH, made an assessment on the issue; "Leveraging Foxconn's extensive user experience and software development knowledge in mobile ecosystems, Mobile Drive will seamlessly integrate the car into the mobile-centric lifestyle of the driver, thereby providing a groundbreaking smart cockpit solution." He spoke in the form.
Stellantis Software Director Yves Bonnefont said: “With this partnership, we will push the boundaries in connected car technology and deliver immersive experiences that are yet to be imagined. Mobil Drive gives us the agility we need to deliver the digital experience of the future at the pace our customers demand. ” Mobile Drive; It will focus on developing an informational, telematics and cloud service platform with software innovations expected to include artificial intelligence-based applications, 5G communication, wireless update services, e-commerce opportunities and smart cockpit integrations.
Foxconn and Stellantis were partners in the development of the Airflow Vision design concept, which was previously exhibited at the world's most influential technology event CES®. The concept revealed the thoughts of both companies on the next generation of world-class transportation and user experience.