MILAN — Stellantis and iPhone assembler Foxconn will announce a strategic partnership on Tuesday.

Fiat Chrysler Cars, now a part of Stellantis, said in January it deliberate to arrange a three way partnership with Hon Hai Precision Business, Foxconn’s guardian firm, to construct electrical vehicles and develop Web-connected autos, initially centered on the Chinese language market.

Efforts to finalize the partnership have been delay by FCA’s merger with PSA Group to type Stellantis, which was accomplished in January.

A relaunch in China is among the principal objectives of Stellantis.

The 2 firms will maintain a convention name on Tuesday to current the partnership, with Stellantis CEO Carlos Tavares and Foxconn Chairman Younger Liu amongst these attending, Stellantis mentioned in a statement on Monday.

When Foxconn and Fiat Chrysler unveiled their cooperation a 12 months in the past, Liu mentioned Hon Hai would oversee design, parts and provide chain administration for the enterprise. The brand new partnership might focus initially on a collaboration on a wise cockpit or in-car digital companies, individuals conversant in the matter mentioned.

In October, Hon Hai unveiled its first EV chassis in addition to a software program platform geared toward serving to EV makers get fashions to market quicker.

The corporate additionally outlined plans to launch a solid-state battery by 2024. Since then, it has signed offers with Chinese language EV startup Byton and U.S.-based Fisker.

Hon Hai has an enormous presence in China that would assist Stellantis enhance its weak place on this planet’s largest auto market. The automaker generated lower than 3 % of its income from the Asia-Pacific area final 12 months.

In January, Foxconn and China’s Zhejiang Geely Holding Group mentioned they have been cooperating to offer contract manufacturing for automakers. They mentioned they have been in talks to offer contract manufacturing companies to electric-vehicle maker Faraday Future.

Bloomberg contributed to this report