making cars, making electric cars in the past few years in the automotive market has long been not a new topic in the Chinese market more than 100 companies get together and squeeze in, after a simple test of the market, they nearly all died over, leaving only two hands can be counted out of the repairer new power company.
time to the year 2020, after speculation that the probability of a large subsidy will exit the year, there are new people into the subject in. FCA is the protagonist of Fiat Chrysler, as well as the famous Foxconn’s parent company Hon Hai Precision Industry.
From the bottom of my heart, Foxconn started in 2015 repairer project is now going to come true, admire, after all, leading manufacturing, and after all, do industrial hardships. But, when that partner is the FCA, the hearts of a sudden and devastating is disturbed.
2015-2020, Foxconn is not the same
Foxconn wants to enter the automotive industry has long been no secret, 2015 Foxconn and Tencent, harmony car decided to join forces to cooperate on innovation in new energy vehicles. Harmony Fortum quot; triangle quot ;, Foxconn will be responsible for electric vehicle design and manufacturing; harmony cars responsible for the car project to build a marketing and service network; and Tencent responsible for vehicle networking systems and technology platform vendors.
However, as with many new forces repairer disappeared in recent years as they died because of a variety of reasons. In 2016, Foxconn terminate funding to continue this project repairer, ultimately, it could not be sustained tripartite cooperation. New partnership
2020, reads as follows:
In the evening of January 15 2020, Japanese media broke the first Fiat Chrysler (hereinafter referred to as FCA) plans to Taiwan’s Hon Hai Precision Industry Co. shares company (Hon Hai Precision Industry Co.) joint venture news in China will jointly research, development and production of pure electric vehicles, the future does not rule out the possibility of exporting.
January 16, Reuters and other media have also reported more details of the joint venture, andFCA official micro-channel platform in China has confirmed the authenticity of the relevant information. Hon Hai Precision Industry, announced January 16, Italy – US carmaker Fiat Chrysler (FCA) and iPhone maker Foxconn plans to establish a joint venture for production of electric vehicles, and expand the wireless Internet automotive business.
China Taiwan Hon Hai Precision Industry, in a statement, FCA is negotiating with them, the two sides will each invest 50 percentage joint ventures . Hon Hai and indirectly through the joint venture held 50% Shares directly, its direct stake will not exceed 40 percentage.
The official reason for the end of the harmony Fu Teng FMC previous cooperation, due to limited funds abroad, Tencent and Foxconn did not inject FMC. From the industry perspective, both Tencent and its future development Foxconn actually is a lot of uncertainty.
The FCA Foxconn cooperation with the new round of negotiations, although still not final landing, but apparently two cooperation than three cooperation easier, and FCA itself as a car manufacturer, can solve Tencent enabling the vehicle, channel construction harmonious car.
this time than on cooperation, to be significantly better.
FCA stalls but not necessarily a good thing
From the perspective of cooperation between the automotive industry to see, FCA and Foxconn there are many uncertainties.
Foxconn in the manufacturing sector, the advantage is to increase the efficiency of manual work, more inclined to manual labor to quickly achieve economies of scale, the level of technological innovation is weak. And many manufacturing companies like Foxconn is now standing at the crossroads of diversification, with Apple’s iPhone sales growth slowed, Foxconn 2019 full-year revenue growth of less than 1 percentage, and Hengda into repairer, many enterprises to enter the repairer, as it needs to find the direction of future development.
and FCA, although manufacturers to a large amount of the world’s traditional automotive body,But it is in the car business, not that there are advantages, but getting worse development. 2017, Great Wall Motor to acquire FCA when the news came out, I have had in-depth analysis, under the FCA entire system, except in the passenger car market has as JEEP, Chrysler make a difference in the North American commercial vehicle market, the rest brand series of nearly all the assets are worthless or even negative equity.
FCA entire main profit comes from a contribution JEEP brand, after the death Malchow, the overall development of ideas and the health of the FCA are further problems, it is one of the main reasons is that it is under new trend today, no new energy, intelligent, network-linked dominant share of technical reserves area.
eyes, FCA cooperation with PSA is also the main reason for being in, FCA need to obtain further funding, new energy technologies through cooperation with PSA’s support.
As to what kind of car making, FCA is currently under technical reserves Fiat 500 is just such a pure electric decent product, lovely and classic design style, does not meet the mainstream life performance, high prices, let the sales market, it is not what advanced products.
Written in the last:
cooperation between the two FCA and Foxconn, although did not fall, but a closer analysis, made electric cars on the matter, but Foxconn than FCA It related to their ability stronger. As for cooperation between the two, not to be optimistic about the Chinese market, know beans just pulled from the market, it leaves a result, even cheap life performance is relatively good, would not be able to survive in a competitive market. The FCA cooperation with Foxconn If landing, its products, and the high probability would be life in general, the price of expensive, which means that serious discrepancies with the market demand.