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Stellantis, Foxconn to form JV to develop digital cockpits and connectivity solutions
On May 18, Stellantis NV (“Stellantis”) and Hon Hai Precision Industry Co., Ltd., (“Foxconn”), together with its subsidiary FIH Mobile Ltd., (“FIH”), announced the signing of a non-binding memorandum of understanding to form Mobile Drive, a 50/50 voting rights joint venture aimed at accelerating development timelines....
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