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Fiat Chrysler sits with Faraday Future and Seres for the production of electric vehicles

Fiat Chrysler sits with Faraday Future and Seres for the production of electric vehicles

In October, Mike Manley, CEO of Fiat Chrysler (FCA), intervened, saying other companies had a positive view of vehicle production by taking advantage of electric vehicle technology. FCA, which includes the Jeep and Dodge brands, has entered into negotiations with Seres, known as Faraday Future and SF Motors, for the production of electric vehicles.

According to Faraday Future and Seres, the two companies are at different stages of trading. One of Faraday Future's former employees said Faraday Future had technologically renewed one of FCA's vehicles, adding an electric powertrain to the vehicle. According to employees, the vehicle was taken to the driving test in October. FCA has been in talks with Faraday Future since April. It should be noted that the company's enthusiasm for electric vehicle production began when Ford announced that it had invested in Rivian.

FCA has asked Seres, another company, to add an electric powertrain to both vehicles. James Taylor, CEO of Seres, sent a message to employees on Oct. 31 stating that the company needed to redouble its efforts to turn this demand into large-scale production. On the other hand, Taylor, in the mail, this demand, the capabilities, the knowledge, the power and the attractiveness of the product offered by the equipment manufacturers have continued to reflect the confidence that continues to be.

The two companies, recently shaken by the financial crisis and in decline, can benefit from a production agreement with the FCA. Fiat Chrysler, on the other hand, prefers to remain silent about the agreements. A Fiat Chrysler official said that he would not comment on any trade relationships.

In October, Manley said that investments in electric vehicles would not bear fruit until 2022. Therefore, it is possible to say that the company is far from the production process. At this point, the merger of electric vehicle technology with Manley's FCA and Peugeot technologies is expected to gain momentum.

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