Mitsubishi Motors to Source EVs from Taiwan’s Hon Hai

TOKYO, May 08 (News On Japan) - Mitsubishi Motors has announced that it will procure electric vehicles from Taiwan's Hon Hai Precision Industry, marking the first time a major Japanese automaker will receive EVs from the Taiwanese electronics manufacturing giant.

While the specific models to be supplied have not been disclosed, Mitsubishi plans to begin sales in Australia and New Zealand in the latter half of next year.

Hon Hai, also known globally as Foxconn, has been stepping up its efforts in the EV sector. During a strategy briefing last month, the company revealed plans to introduce electric vehicles in the Japanese market by 2027.

With EV development costs pushing vehicle prices higher, Mitsubishi aims to control expenses and enhance product competitiveness by collaborating with partners such as Hon Hai.

Source: TBS

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