Recent Topics
Throttle sticking and scary
by NavyVet88 - 02/19/20 05:53 AM
New to me “vintage” oil mug
by dlundblad - 02/19/20 04:49 AM
Castrol 0W-20?
by TRDPRO85 - 02/19/20 02:44 AM
What is a dealer prep fee?
by WhyMe - 02/19/20 01:01 AM
Vintage Sinclair promo
by HiPowerShooter - 02/18/20 11:29 PM
why did my Ford iolm go to 9% after 3k miles?
by dogememe - 02/18/20 11:15 PM
HUBB reusable stainless steel filter?
by Vern_in_IL - 02/18/20 08:41 PM
Ultrasonic carb cleaning problems
by atikovi - 02/18/20 08:05 PM
Cheeseburger pie
by P10crew - 02/18/20 07:25 PM
The midwinter detail.
by dan_erickson - 02/18/20 05:27 PM
Tired of Using Cassette Player with iPhone
by Gebo - 02/18/20 05:04 PM
STP oil filter
by Stinky123 - 02/18/20 04:41 PM
How is this possible
by V10 - 02/18/20 04:07 PM
Monroe made in Turkey
by atikovi - 02/18/20 03:31 PM
NSFBitog
by Ursatdx - 02/18/20 03:25 PM
Wider rear tires?
by drop - 02/18/20 03:07 PM
Newest Members
GardenStateAudi, Strommen95, Idaholewis, Sprite, spbonus
70746 Registered Users
Who's Online Now
75 registered members (Astro14, 94astro, alarmguy, aquariuscsm, 2013ecof150, alchargo, 4 invisible), 1,311 guests, and 17 spiders.
Key: Admin, Global Mod, Mod
Forum Statistics
Forums67
Topics301,638
Posts5,199,626
Members70,746
Most Online4,538
Jan 20th, 2020
Donate to BITOG
Print Thread
Hop To
FCA and Foxconn partner on EV's #5327408 01/19/20 08:55 PM
Joined: Apr 2008
Posts: 41,559
O
OVERKILL Offline OP
OP Offline
O
Joined: Apr 2008
Posts: 41,559
https://www.marketwatch.com/story/fiat-chrysler-foxconn-form-electric-car-venture-2020-01-16

Quote
Fiat Chrysler Automobiles NV plans to develop electric vehicles with contract-electronics giant Foxconn Technology Group, according to a regulatory filing, as the Italian-American auto maker looks to make up ground in the market for battery-powered cars.

Foxconn said in a filing in Taiwan on Thursday that it is establishing a joint venture with Fiat Chrysler to develop and produce electric vehicles as well as operate internet-connected vehicles. Foxconn's ownership in the joint venture would be 40% or less, the Taiwan-based company said.

A Fiat Chrysler spokeswoman at the company's Detroit-area headquarters declined to comment.

For Foxconn, the move comes as the company seeks to expand beyond electronics and boost profitability. Formally known as Hon Hai Precision Industry Co., Foxconn is the main assembler of Apple Inc.'s iPhones, sales of which have been slowing as customers hold on to smartphones longer and competition heats up from Chinese producers offering lower-price handsets.

The tie-up with Foxconn would be one of Fiat Chrysler's most significant efforts at selling electric vehicles in China, where global car companies are pouring investment into battery powered cars to meet government regulations. The company has invested less in electric-vehicle development than rivals and is confronted with increasingly strict emissions regulations in China and Europe.

A planned merger with French auto maker PSA Group is aimed in part at accelerating its development of advanced technologies, including electrified vehicles.


More in the link.

Amusingly Elon made a remark about Foxconn and this topic some time back, which was mentioned in another article on this same topic: https://www.bloomberg.com/opinion/a...ay-prove-elon-musk-wrong-about-carmaking

Quote
Five years ago, in a routine display of trash talking, Tesla Inc.’s Elon Musk made a now infamous quip about how hard it is to manufacture automobiles.

“Cars are very complex compared to phones or smartwatches,’’ he told German newspaper Handelsblatt. “You can’t just go to a supplier like Foxconn and say: Build me a car.”


Will be interesting to watch.


2019 RAM 1500 Sport - Mobil 1 EP 0w-20, FRAM Ultra
2020 Grand Cherokee SRT - Ravenol SSL 0w-40, FRAM Ultra
Re: FCA and Foxconn partner on EV's [Re: OVERKILL] #5327413 01/19/20 09:08 PM
Joined: Mar 2017
Posts: 12,541
PimTac Offline
Offline
Joined: Mar 2017
Posts: 12,541
As I was reading this I was wondering if this was a product of the upcoming buyout by Peugeot or had this been under negotiation beforehand?

Foxconn is a massive company with almost one million employees. Many of their factories are actually cities in and of themselves. They make a lot more than just iPhones.


2017 Mazda CX5
Valvoline Advanced Synthetic 0w20
Roki OEM filter.
Re: FCA and Foxconn partner on EV's [Re: PimTac] #5327415 01/19/20 09:12 PM
Joined: Apr 2008
Posts: 41,559
O
OVERKILL Offline OP
OP Offline
O
Joined: Apr 2008
Posts: 41,559
Originally Posted by PimTac
As I was reading this I was wondering if this was a product of the upcoming buyout by Peugeot or had this been under negotiation beforehand?

Foxconn is a massive company with almost one million employees. Many of their factories are actually cities in and of themselves. They make a lot more than just iPhones.


Yup, Foxconn is absolutely HUGE. Be interesting what they come up with. It definitely appears as though this pre-dates the Peugeot takes from what I can see.


2019 RAM 1500 Sport - Mobil 1 EP 0w-20, FRAM Ultra
2020 Grand Cherokee SRT - Ravenol SSL 0w-40, FRAM Ultra
Re: FCA and Foxconn partner on EV's [Re: OVERKILL] #5327429 01/19/20 09:28 PM
Joined: Dec 2002
Posts: 43,580
J
JHZR2 Offline
Global Moderator
Offline
Global Moderator
J
Joined: Dec 2002
Posts: 43,580
I’d suspect that Foxconn would design or integrate sensors, cameras, processing and connectivity elements. Maybe some power management, comtrol, and power electronics elements too. Don’t think Foxconn is going to be manufacturing cars...

Re: FCA and Foxconn partner on EV's [Re: JHZR2] #5327457 01/19/20 10:16 PM
Joined: Apr 2008
Posts: 41,559
O
OVERKILL Offline OP
OP Offline
O
Joined: Apr 2008
Posts: 41,559
Originally Posted by JHZR2
I’d suspect that Foxconn would design or integrate sensors, cameras, processing and connectivity elements. Maybe some power management, comtrol, and power electronics elements too. Don’t think Foxconn is going to be manufacturing cars...


No, sounds like the cars will be FCA's bit, Foxconn's role is likely as you've described.


2019 RAM 1500 Sport - Mobil 1 EP 0w-20, FRAM Ultra
2020 Grand Cherokee SRT - Ravenol SSL 0w-40, FRAM Ultra
Re: FCA and Foxconn partner on EV's [Re: OVERKILL] #5327723 01/20/20 10:27 AM
Joined: Jan 2010
Posts: 3,162
J
JeffKeryk Online Content
Online Content
J
Joined: Jan 2010
Posts: 3,162
Another entry into the EV market. At the very least, it should add competition to the current manufacturers.
Go for it! Heck, might even make ICE cars better, who knows?

Last edited by JeffKeryk; 01/20/20 10:31 AM.

2018 Tesla Model 3, Medium Range Battery
2018 Lexus RX450h
2013 Lexus GS350 F Sport
2006 Acura TSX
2001 Tundra Access Cab, 1998 Accord LX, 1968 Corvette L36 Roadster, 1965 Olds 4-4-2
Previous Thread
Index
Next Thread

BOB IS THE OIL GUY® Powered by UBB.threads™