The joint venture between Stellantis and Foxconn will provide a robust supply of essential components for the automotive industry, particularly for electric vehicles. This partnership will support Stellantis' new electrical/electronic and software architecture, STLA Brain, and help fuel the rapid transformation of their products. The positive impact on Stellantis' stock is due to the potential growth in the electric vehicle market and the company's ability to meet the increasing demand for advanced automotive chips.