Stellantis, Foxconn finalize strategic partnership


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MILAN -- Stellantis and iPhone assembler Foxconn will announce a strategic partnership on Tuesday. Efforts to finalize the partnership were put off by FCA's merger with PSA Group to form Stellantis, which was completed in January. The two companies will hold a conference call on Tuesday to present the partnership, with Stellantis CEO Carlos Tavares and Foxconn Chairman Young Liu among those attending, Stellantis said in a statement on Monday. In October, Hon Hai unveiled its first EV chassis as well as a software platform aimed at helping EV makers get models to market faster. Hon Hai has a massive presence in China that could help Stellantis improve its weak position in the world’s largest auto market.