FIH Mobile and Stellantis establish joint venture
Posted on 13 Sep 2021 and read 297 times
Hon Hai Precision Industry Co Ltd
(Foxconn), together with its subsidiary FIH Mobile Ltd
and Stellantis NV
(the multi-national automotive manufacturing corporation), announced that they have entered into a joint venture agreement.
Mobile Drive, the joint venture entity, will focus on delivering a “smart cockpit solution for vehicles that will disrupt current design conventions and foster the development of intelligent connected vehicles”.
Mobile Drive, which will be equally owned by Stellantis and FIH, will focus on developing infotainment and telematics solutions, as well as a cloud service platform. Its ‘roadmap of software innovations’ will include artificial intelligence-based applications, navigation, voice assistance, e-commerce store operations, and payment services integration, among others. The hardware innovations will be related to ‘the smart cockpit and telematics box’.
Mobile Drive says that through the exchange of intellectual property by its founding entities and the vertical integration of respective supply chains, it will be able to “create industry-leading automotive digital services to achieve a seamless user experience in and outside the vehicle”.
In the future, the smart cockpit solution will not only be available to all Stellantis vehicles, but also to third-party vehicle manufacturers, expanding the reach and impact of the Mobile Drive venture as it aims to be a global leader in “smart cockpit and connected vehicle solutions”.