Stellantis and Foxconn have officially announced the formation of a joint venture called SiliconAuto, aimed at developing cutting-edge semiconductors for next-generation electric vehicle (EV) platforms. This collaboration brings together Stellantis, a prominent automotive manufacturer, and Foxconn, a leading electronic component manufacturer, to address the growing demand for advanced semiconductor technology in the automotive industry.
Stellantis has been making significant strides in the EV sector, despite initial skepticism surrounding its CEO Carlos Tavares. The company’s commitment to embracing electric mobility became evident when Uwe Hochschurtz, the head of Stellantis Europe, emphasized their transition to purely electric vehicles. Building on their success in the EV market abroad, Stellantis has also been focusing on expanding its presence in North America, capitalizing on popular brands like Ram and Jeep. Furthermore, the company has invested in innovative technologies such as lithium-sulfur chemistry to produce cost-effective EV batteries.
On a global scale, Stellantis has been actively pursuing partnerships and joint ventures to establish a circular automotive economy. The latest collaboration with Foxconn aims to deliver advanced semiconductors, leveraging the expertise of both companies. SiliconAuto, the newly formed joint venture, will combine Stellantis’ deep understanding of global mobility needs with Foxconn’s proficiency in information and communication technologies (ICT) development and manufacturing.
The advanced semiconductors produced by SiliconAuto will not only support Stellantis’ future EV platforms but also be utilized in Foxconn’s own vehicles as well as those manufactured for other original equipment manufacturers (OEMs). Ned Curic, Chief Technology Officer (CTO) of Stellantis, expressed enthusiasm about the potential of the semiconductor technology arising from the partnership with Foxconn. He emphasized the importance of a reliable supply of essential components to drive the rapid transformation of Stellantis’ products, aiming to create vehicles that seamlessly integrate into customers’ lives and offer exceptional capabilities long after leaving the assembly line.
SiliconAuto will be jointly managed by executives from both Stellantis and Foxconn and will have its headquarters in the Netherlands. While the specific manufacturing location for the semiconductors has not been disclosed, Foxconn’s extensive global presence with 173 campuses across 24 countries provides numerous options.
Stellantis expects SiliconAuto to commence semiconductor deliveries for new EV platforms in 2026. This joint venture marks another significant step for Stellantis in its commitment to developing innovative solutions and fostering partnerships to meet the evolving needs of the automotive industry.
