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November 25, 2019 11:33 pm

Fiat Chrysler is shopping for EV tech from damaged startups like Faraday Future


ITALY-AUTO-INDUSTRY

Photo credit should read MARCO BERTORELLO/AFP via Getty Images

In October, Fiat Chrysler CEO Mike Manley told investors that he’s open to making cars powered by other companies’ electric vehicle technology. But Fiat Chrysler (FCA), which owns brands like Jeep and Dodge, is doing more than just considering the idea. The Verge has learned the automaker is in talks with at least two distressed EV startups about leveraging their technology to build electric Fiat Chrysler vehicles — namely Faraday Future and Seres (formerly known as SF Motors).


The discussions were described to The Verge by current and former employees of each startup (who were granted anonymity because of nondisclosure agreements with their respective companies) and both are at different stages. Faraday Future retrofitted one of FCA’s...



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Original Link: https://www.theverge.com/2019/11/25/20981965/fiat-chrysler-faraday-future-seres-ev-startups-tech

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