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EU Commission approves Foxconn and Mitsubishi Fuso Bus joint venture in bus segment

On May 11, the European Commission approved a joint venture between Hon Hai Precision Industry Co., Ltd. (Foxconn) in Taiwan and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in Japan. MFTBC is a wholly owned subsidiary of Archion Corporation, a holding company newly established in April 2026, following a busines....

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