Foxconn and Stellantis Form JV To Deliver Smart Cockpit Solutions For Vehicles

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The companies further revealed that the smart cockpit solution will be provided to third-party vehicle manufacturers in the future

Electronics contract manufacturer Foxconn, together with its subsidiary FIH Mobile Ltd and Stellantis, announced that they have entered into a joint venture agreement called Mobile Drive which will focus on delivering smart cockpit solutions for vehicles.

This comes after a Memorandum of Understanding (MoU) was initially signed in May this year. The joint venture Mobile Drive will be equally owned by Stellantis and FIH.

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Mobile Drive will focus on developing infotainment and telematics solutions as well as a cloud service platform, with an aim to deliver a comprehensive smart cockpit solution.

Its roadmap of software innovations will include artificial intelligence-based applications, navigation, voice assistance, e-commerce store operations, and payment services integration, amongst others. The hardware innovations will be related to the smart cockpit and telematics box.

The companies further revealed that while the smart cockpit solution will be available to all Stellantis vehicles, in future it will be provided to third-party vehicle manufacturers. This will be done in hopes to expand the reach and impact of the Mobile Drive venture as it looks to be a global leader in smart cockpit and connected vehicle solutions, the companies said in a statement.

The statement added that the joint entity will disrupt current design conventions and foster the development of intelligent connected vehicles.

“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,” it further added.

This comes as Foxconn tries to diversify into the auto business while Stellantis plans to invest 30 billion euros in electric vehicles and new software over the next four years.

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