25 August 2021
Deals | China | M&A
Gide advised Stellantis N.V., a multinational automaker formed by merger between Fiat Chrysler Automobiles and Groupe PSA, on the establishment of Mobile Drive, a 50-50 joint venture in partnership with Foxconn to develop breakthrough smart cockpits solutions and personalized connected services.
Mobile Drive brings together expertise in consumer innovations from the sustainable mobility and advanced electronics industries. It will accelerate go-to-market timelines for the most advanced smart cockpit solution for vehicles and connected-car technologies in the industry.
Gide acted as leading counsel to Stellantis for the legal due diligence covering in particular Mainland China and Taiwan.
Gide team was led by Shanghai partner Fan Jiannian, working with associates Wang Zengyan, Han Sufeng and Li Jing.