MILAN -- Stellantis and iPhone assembler Foxconn will announce a strategic partnership on Tuesday.
Fiat Chrysler Automobiles, now part of Stellantis, said in January it planned to set up a joint venture with Hon Hai Precision Industry, Foxconn's parent company, to build electric cars and develop Internet-connected vehicles, initially focused on the Chinese market.
FCA merged with PSA Group at the beginning of the year to create Stellantis, with a relaunch in China as one of its main goals.
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 January, Taiwan's Foxconn and China's Zhejiang Geely Holding Group said they were cooperating to provide contract manufacturing for automakers.
They have said they were in talks to provide contract manufacturing services to electric-vehicle maker Faraday Future, while Foxconn will also help building electric SUVs in 2022 for Chinese startup Byton.
