From Yahoo Finance: 2025-05-07 01:09:00

Mitsubishi Motors and Foxconn’s Foxtron Vehicle Technologies have agreed to develop an electric vehicle to be introduced in Oceania in the second half of 2026. Foxconn sees Japan as a key market for its EV business and aims to partner with Japanese companies to compete with Chinese brands in global markets. Foxconn’s EV joint venture with Yulon, Foxtron, is working with Mitsubishi. Mitsubishi Motors is part of the Nissan-Renault alliance. Foxconn has expressed interest in taking a stake in Nissan for EV cooperation. Nissan and Honda recently ended merger talks to create a $60 billion car company.



Read more at Yahoo Finance: Mitsubishi Motors signs MOU to outsource EV model development to Foxconn unit