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The Independent UK
The Independent UK
National
The Associated Press

Automaker owned by Taiwan's Foxconn to make EVs for Japan's Mitsubishi Motors

Mitsubishi Mitsubishi Motors Foxconn Foxtron Taiwan Hon Hai United States New Zealand Australia electric vehicle
Taiwan Foxconn EVs - (Copyright 2024 The Associated Press. All rights reserved.)

Foxtron, an automaker partly owned by Taiwan iPhone manufacturer Hon Hai Technology Group, and Mitsubishi Motors of Japan said Wednesday they have agreed to develop an electric vehicle to be sold in Australia and New Zealand.

Hon Hai, also known as Foxconn, is one of a growing number of technology companies that are leveraging their knowhow in electronics and communications to try to break into the EV market, snapping up links in the automotive supply chain.

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