Stellantis and Foxconn to Announce Strategic Partnership
By Pietro Lombardi
Auto maker Stellantis NV and Foxconn Technology Group, best
known for assembling Apple Inc.'s iPhone, said on Monday that they
will announce a new strategic partnership on Tuesday.
Foxconn, formally known as Hon Hai Precision Industry Co., has
formed several partnerships on electric vehicles, including with
Fiat Chrysler Automobiles NV, which is now part of Stellantis.
Earlier this year, the chairman of Foxconn said that the company
was in talks with some U.S. companies over possible electric
vehicle partnerships and raised the possibility of manufacturing
electric vehicles in the U.S.
Stellantis was created through the merger of Fiat Chrysler
Automobiles NV and Peugeot SA.
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(END) Dow Jones Newswires
May 17, 2021 03:27 ET (07:27 GMT)
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