Skip to comments.Fiat Chrysler in talks with Foxconn to develop electric cars
Posted on 01/17/2020 8:29:45 AM PST by Olog-hai
Fiat Chrysler is in talks with the Chinese company Foxconn to develop and manufacture battery-powered vehicles, the U.S.-Italian automaker said Friday.
Fiat Chrysler is in the process of merging with Frances PSA Peugeot, which is 12% owned by Chinese company Dongfeng Motor Co.
Both Fiat Chrysler and Peugeot have lagged in developing electric powertrains and also have been struggling to increase sales in China, the worlds biggest auto market.
It was unclear what impact Fiat Chryslers proposed joint venture with Foxconn, formally known as Hon Hai Precision Ind. Co., Ltd., would have on the wider merger, which is expected to be completed in the next year or so.
If a deal with Foxconn is reached, a joint venture would focus first on China, the biggest market for electric cars with 1.2 million vehicles sold last year half the global total.
(Excerpt) Read more at apnews.com ...
Electric cars made by slave labor. That’s a great idea!!
China is going to steal all the technology.
We'll all be driving these before long
These are Chinese 'electric vehicles'
With those three companies, what could go wrong?
Welp, that should be the end of electric cars. They killed Chrysler, they’re working on killing Jeep and Fiat cars are a 50 year joke.
I wonder how much Tesla tech will be in those cars. Tesla had to give over it’s trade secrets in order to do business there.
In TALKS?? LOL. Meanwhile Tesla is conquering the world.
I see an awful lot of Tesla in the NY area.
When in North Carolina with my family you see a few but not like NY.
Whenever I see one of the other electric cars(I do a LOT of commuting)they always look like they are falling apart, do you see the same?
If you remember the south park episode about smug, it was a goof on the Smuggness of those drivers now driving cars falling apart. LOL
I see a lot of Teslae here in W. WA. All look brand new.
Electric cars are monumentally stupid, unless and until the power grid infrastructure is built up to handle it.
Yeah, cause we all know how dependable FIATs have been...”Fix It Again Tony”...
The name isn’t Latin.
Im talking the prius type vehicle not tesla.
I remember a few months ago Rush was talking about having to replace gas stations with electric charge stations.
I forget the stats but it was impossible to do but ridiculously so that it made me laugh out loud.
most of the Priae I see look pretty new as well. but then it doesn’t get crazy cold here either..
Not so fast..........
Hon Hai Precision Industry Co., Ltd., trading as FOXCONN Technology Group and better known as FOXCONN, is a TAIWANESE multinational electronics contract manufacturing company with its headquarters in Tucheng, New Taipei, TAIWAN. Wikipedia
The linked story correctly lists FOXCONN as from Taiwan WTF?????
I know that; but this is like when they call parts of Israel “Palestine”; the left-wing media is calling anything Taiwan “China” as if it were the PRC.
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