Dutch automotive conglomerate Stellantis announced the forming of a new joint venture with Hon Hai Technology Group, better known as Foxconn, to develop and scale a family of state-of-the-art semiconductors for next-generation EV platforms. Stellantis and Foxconn will each bring their own expertise to the JV, which should eventually cater to the entire automotive industry.
While Stellantis ($STLA) is by no means leading the global transition into battery electric vehicles, it has made large strides in recent months, despite the public waffling of its CEO Carlos Tavares. We really started taking the company’s change of attitude seriously last fall, when Stellantis Europe’s head, Uwe Hochschurtz, broke from Tavares claiming, “The people have decided: we will be purely electric.”
Following a growing success in EVs overseas, Stellantis has doven head first into a North American EV transition on the wings of beloved brands like Ram and Jeep. At the same time, we’ve seen the company invest into new technologies like lithium-sulfer chemistry to deliver lower cost EV batteries stateside.
From a global standpoint, Stellantis has formed joint ventures with companies like Galloo in order to recycle end of life vehicles and establish a more circular automotive economy. Stellantis’ latest joint venture will deliver advanced semiconductors alongside a leader in electronic component manufacturing – Foxconn.
Stellantis’ plans for four new global EV platforms, including its STLA Brain software architecture / Credit: Stellantis
Stellantis looks to feed global semiconductor demand
According to a press release from Stellantis, it has formed a company alongside semiconductor manufacturing company Foxconn, called SiliconAuto. The new company builds upon a non-binding memorandum of understanding between the two OEMs signed back in late 2021.
Today’s result is a 50/50 joint venture to “tailor chips aimed at new generation of automotive industry vehicle platforms.” The partners state that SiliconAuto will combine Stellantis’ understanding of global mobility needs with Foxconn’s development and manufacturing expertise, particularly in the world of Information and Communication Technologies (ICT).
Stellantis states its new generation of advanced semiconductors will eventually support its future EV platforms, in addition to its STLA Brain software architecture. Foxconn also intends to use the semiconductors in its own vehicles, as well as those it manufactures for other OEMs. Stellantis CTO Ned Curic spoke to the potential of the semiconductor technology expected to come from the new joint venture with Foxconn:
Stellantis will benefit from a robust supply of essential components, which is critical to fueling the rapid, software-defined transformation of our products. Our goal is to build vehicles that seamlessly connect with our customers’ daily lives and deliver class-leading capabilities years after they leave the assembly line. With this joint venture, we can create purpose-built innovations with an efficient partnership.
The partners state that SiliconAuto will be managed by executives from both companies and headquartered in the Netherlands. No word yet on where the semiconductors will actually be manufactured, but Foxconn currently operates 173 campuses across 24 countries, so there are plenty of options.
Stellantis expects SiliconAuto to begin delivering semiconductors for new EV platforms in 2026.
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Electricity demand is skyrocketing across the Middle East and North Africa, and it’s being driven by two big factors: cooling homes and businesses in extreme heat, and making seawater drinkable through desalination. A new report from the International Energy Agency (IEA) shows just how dramatic the surge is. Electricity use in the region has tripled since 2000, and it’s expected to jump another 50% by 2035. That’s like adding the current combined electricity demand of Germany and Spain.
Cooling and desalination alone are expected to account for about 40% of that growth over the next decade. Urbanization, industrialization, the electrification of transport, and the boom in data centers are also adding to the load, according to the IEA’s report, “The Future of Electricity in the Middle East and North Africa.”
Right now, natural gas and oil overwhelmingly dominate power generation in the region, making up more than 90% of electricity supply. But that mix is changing. Many countries, including Saudi Arabia and Iraq, are trying to reduce oil-fired power to free it up for export. The IEA says natural gas will likely cover half the demand growth through 2035, with oil’s share falling from 20% today to just 5%.
Renewables are on the rise, too. Solar capacity is set to increase tenfold by 2035, growing by 200 gigawatts (GW), which would boost renewables’ share of the electricity mix to around 25%, up from 6% in 2024. Nuclear power is also expected to triple over the same period.
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“Demand for electricity is surging across the Middle East and North Africa, driven by the rapidly rising need for air conditioning and water desalination in a heat- and water-stressed region with growing populations and economies,” said IEA executive director Fatih Birol. “To meet this demand, power capacity over the next 10 years is set to expand by over 300 GW, the equivalent of three times Saudi Arabia’s current total generation capacity.”
Meeting that demand won’t come cheap. Investment in the power sector hit $44 billion in 2024, and it’s projected to grow another 50% by 2035. Nearly 40% of that spending is expected to go toward upgrading grids, which currently suffer losses that are double the global average.
The IEA says grid upgrades and stronger regional interconnections will be critical for electricity security. Balancing renewables will also require more energy storage, demand-side flexibility, and enough gas-fired plants to cover when solar and wind aren’t available.
Energy efficiency improvements could ease some of the strain. For example, air conditioners in the region are less than half as efficient as those in Japan. Upgrading the ACs alone could cut peak demand growth by an amount equal to Iraq’s entire current power capacity.
If countries move more slowly on diversifying their power mix, according to the report, the stakes are high. Carbon dioxide emissions would continue to rise, and oil and gas demand for electricity could increase by more than a quarter by 2035, cutting export revenues by $80 billion and raising import bills by $20 billion.
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Is it just me, or do too many new vehicles look about the same? Hyundai believes it’s time to end a popular trend that nearly every EV has nowadays.
Hyundai looks past the LED lightbar for new EV design
The LED light bar has been around for a while. In the early 2000’s Xenon headlights were the hit trend, offering much brighter light while consuming less energy.
Although it was initially mainly found on luxury vehicles, Hyundai was one of the first to jump on the trend, working to make it more widely available at a lower cost.
Over the past few years, the trend has evolved into a thin LED light strip stretched across the front and sometimes the rear of the vehicle.
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Since most brands are slapping it on electric vehicles, it’s become almost a status symbol of the EV movement. In early 2023, Hyundai revealed the new “EV-derived, futuristic” design for the Kona Electric, placing a heavy emphasis on the front LED lightbar.
Hyundai Kona Electric N Line (Source: Hyundai)
Nowadays, nearly every vehicle, EV or gas-powered, has the popular design feature. Even Tesla hopped on the trend with the new Model Y, Model 3, and Cybertruck.
According to Hyundai’s design boss, Simon Loasby, LED lightbars are “almost at the end of their journey.” After unveiling the new Concept Three at the Munich Motor Show last week, Loasby explained to Car Magazine on the sidelines, “When is the time you need to let go [of light bars], it’s almost like the end of that.”
The 2026 Hyundai Sonata Hybrid Limited with an LED lightbar (Source: Hyundai)
Although Hyundai recently added the lightbar to the Grandeur, Kona, and Sonata, Loasby said he’s “seen enough.”
“It worked at the time, and it was absolutely right, the Grandeur was the first car with a one-piece structure. The biggest thing is the cost level, you just can’t afford to do it and some customers don’t need it,” Hyundai’s design chief explained.
Hyundai IONIQ 9 (Source: Hyundai)
In China, “you must have it,” Loasby said, but in other markets, like Europe and the US, it’s not needed. Hyundai is instead focusing on differentiating itself with its unique pixel lightning, found on the IONIQ EV models.
Hyundai has already had a few copy its design, notably the Fiat Grande Panda, which Loasby joked, “thanks for copying, thanks for being inspired by us.”
The Hyundai Concept THREE EV, a preview of the IONIQ 3 (Source: Hyundai)
It may be time for a shake-up. Loasby said, “I think we are almost at the end of journey in terms of lighting. It’s almost like chrome.”
Hyundai’s new Concept Three, which is expected to launch as the IONIQ 3 in production form, did not feature a full LED lightbar. Instead, it had an updated pixel lightning design.
Electrek’s Take
I have to agree with Loasby on this one. I must admit that at first, I was a fan of the sleek look of a nice, slim lightbar, especially at night.
The more I see it, the more it reminds me of a Toyota now. And that’s nothing against them (It is the world’s largest automaker), but should a Tesla Model Y, or even a Porsche 911, look the same as a Toyota from the front? I’ll let you determine that one.
I drive a 2023 Tesla Model 3, the last of the pre-facelift version, and was pretty bummed to see how cool the updated Model 3 looked at first. The more I see them, though, the more I like the design of the first-gen Model 3 and its wide eyes. It’s unique. Now, the Model 3 looks like any other vehicle, at least, in my opinion.
Is it time to put an end to the LED lightbar? Let us know how you feel about it below.
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Zero 60, an EV charge point operator on the ChargePoint network, is bringing fast charging to a Culver’s in the Northwoods of Wisconsin. The company, founded by Faith Technologies Incorporated (FTI), will install a renewable-powered charging station in Rhinelander.
The new site sits along a state-designated Alternative Fuel Corridor at Culver’s on 620 W. Kemp St. It will feature four 160-kilowatt charging ports, giving EV drivers in northern Wisconsin reliable fast charging well beyond the state’s urban hubs.
The project is backed by the Wisconsin Department of Transportation’s first round of funding from the Wisconsin Electric Vehicle Infrastructure (WEVI) program. Wisconsin wants to ensure EV drivers can confidently travel north, knowing they won’t be stranded without chargers.
“Partnering with a well-known brand like Culver’s gives us a unique opportunity to combine Midwest hospitality with clean, convenient charging,” said Wade Leipold, executive vice president of FTI. “We’re proud to support Wisconsin’s efforts to build a robust, future-ready charging network that serves communities and travelers alike.”
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Zero6 Energy is financing, owning, and operating the station, while FTI is handling the engineering, design, installation, and ongoing maintenance. Zero 60 already operates nine charging sites and has plans for many more across the US, with the first wave of stations installed in New York, California, Colorado, and Wisconsin, and more currently being developed in other states.
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