【05 07, 2025, New Taipei City】Foxtron Vehicle Technologies (TWSE: 2258), a subsidiary of Hon Hai Technology Group (Foxconn) (TWSE: 2317), has announced the signing of an MOU with Mitsubishi Motors Corporation (TYO: 7211) to develop and supply an electric vehicle (EV) model to Mitsubishi Motors as an OEM model. Foxtron will provide design and manufacturing management services and this model is expected to enter the Australia and New Zealand markets in the second half of 2026.

Regarding the cooperation, Mitsubishi Motors noted that Foxtron’s EV solution, which offer excellent driving performance and infotainment system, is well-suited for Australia and New Zealand.

Foxtron stated that, in line with Foxconn Chairman Young Liu’s vision of “Share, Collaborate, and Thrive,” the company aims to accelerate EV development by optimizing platformization and modularized components. “We are delighted to develop and supply an electric vehicle (EV) to Mitsubishi Motors Corporation and look forward to a collaboration that will complement both parties and drive both business expansions,” Foxtron said.

About Foxtron Vehicle Technologies

Established in 2020, Foxtron Vehicle Technologies is Taiwan’s only company with full vehicle design, development, and system validation capabilities. Leveraging decades of expertise from Hon Hai Technology Group (Foxconn) and Yulon Group in the ICT and automotive industries, Foxtron operates under the CDMS (Contract Design and Manufacturing Service) business model.

With an open platform strategy, Foxtron aims to “Root in Taiwan, Expand Globally”, working alongside Taiwan’s ICT and automotive industries to drive international expansion and establish the next-generation EV ecosystem.