ational Reconstruction Plan. This investment supports the development of zero-emission transport, the construction of local value chains, and the creation of sustainable industrial competencies for the future. The signing of the agreement follows the announcement of EMP's strategic partnership with Foxconn. The project includes building a modern factory, developing R&D and mobility solutions, producing battery components, and strengthening local ...

News  Updated at: 2026/05/14

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 business integration with Hino Motors. Daimler Truck an...

News  Updated at: 2026/05/12

ElectroMobility Poland partners with Foxconn for EV development and production On May 7, ElectroMobility Poland SA (EMP) announced that it will partner with Taiwanese Hon Hai Technology Group (Foxconn). Together with Foxtron Vehicle Technologies, Foxconn, and EMP are exploring the development of a production and R&D hub for electric vehicles in Poland. Representatives of ElectroMobility Poland, Foxconn, the Ministry of State Assets, and other ins...

News  Updated at: 2026/05/08

Foxconn planning to enter Brazilian automotive market On May 5, it was reported that Foxconn is exploring entry into the Brazilian automotive market through potential partnerships with local manufacturers, aiming to expand its electric vehicle business. The company, through its automotive brand Foxtron, is considering a contract-based model (CDMS: Contract, Design, Manufacturing, and Services), under which a local partner would handle engineering...

News  Updated at: 2026/05/07

emy McCool noted that the company is progressing from prototype-stage systems toward scalable deployment, with early-stage preparations underway for scalable manufacturing, along with initial engagement with potential partners. McCool confirmed the company has initiated preliminary discussions with Foxconn Interconnect Technology (FIT) to enable mass production. "We are currently collaborating on Design for Manufacturability (DFM) analysis and ev...

News  Updated at: 2026/05/05

Mitsubishi Electric and Foxconn considering alliance for joint operation of automotive equipment business Mitsubishi Electric Corporation (Mitsubishi Electric) announced that it has signed a memorandum of understanding (MOU) with Hon Hai Precision Industry Co., Ltd. (Foxconn) to explore the formation of a strategic alliance to jointly operate their respective automotive equipment businesses. Building on their existing relationship, the two compan...

News  Updated at: 2026/05/01

y electric vehicles technologies, BEV platforms, and autonomous driving technologies. In addition to booth exhibits, the event will include lectures on ESG and market outlooks, as well as a forum called "360° Mobility USA Day" to support entry into the US market.  Among the exhibiting companies, Foxconn has the largest booth at this year’s exhibition, showcasing its electric vehicle models, such as the C-segment electric SUV "MODEL C" and th...

News  Updated at: 2026/04/15

es. Under the 2026 theme, "Empower Every Move," the event is anchored by three strategic pillars: Green Mobility, Next Mobility, and Connected Mobility. Around 1,000 companies will be participating, while around 2,900 exhibits will be on display. Major exhibitors include Hon Hai Precision Industry (Foxconn) and Fukuta Electric & Machinery Co., Ltd., a Taiwan based motor manufacturer, among others. The comprehensive exhibition consists of the foll...

News  Updated at: 2026/04/07

Stellantis supplier dispute stops Mexican plant, threatens Canadian operations On March 25, Stellantis filed a lawsuit in a Michigan court against ZF Foxconn Chassis Modules, who the company alleged stopped shipments to a plant in Mexico, disrupting production of the Jeep Cherokee and Compass models. The original dispute dates back to December 2025, when Stellantis said its U.S. affiliate paid more than USD 26 million and agreed to price increase...

News  Updated at: 2026/03/31

Mitsubishi Electric issues statement on reported Foxconn investment in automotive business Mitsubishi Electric Corporation (Mitsubishi Electric) announced on March 19 that, in response to media reports regarding a potential capital investment by Hon Hai Precision Industry (Foxconn) in Mitsubishi Electric’s automotive equipment business, there are no definitive facts or decisions at this time. However, the company acknowledged that it is examini...

News  Updated at: 2026/03/19

Foxconn NEV R&D Center starts operations in Zhengzhou, Henan On February 4, the Zhengzhou Airport Economy Zone (ZAEZ) announced the commissioning of the Foxconn New Energy Vehicle (NEV) R&D Center with a total investment of CNY 1 billion in Zhengzhou, Henan. Invested by Foxconn New Energy Vehicle Industry Development (Henan) Co., Ltd., the Foxconn NEV R&D Center broke ground in the ZAEZ in July 2024. It is positioned as a model for global intelli...

News  Updated at: 2026/02/10

Mitsubishi Fuso and Foxconn announce plans to establish new bus company in Japan On January 22, 2026, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hon Hai Technology Group (“Foxconn”) announced plans to establish a standalone bus company in Japan. The two companies previously signed memorandum of understanding to explore strategic collaboration in zero emission bus. New company will be established in H2 of 2026. The buses will be dev...

News  Updated at: 2026/01/22

ZF Foxconn Chassis Modules opens e-axle plant in Debrecen, Hungary ZF Foxconn Chassis Modules GmbH, a joint venture between ZF and Foxconn, officially inaugurated its new e-axle assembly plant in Debrecen, Hungary, on January 13, 2026. The EUR 26.7 million facility will manufacture front and rear axles for BMW Group’s electric vehicles and is supported financially by the Hungarian Investment Promotion Agency (HIPA). The project is expected to c...

News  Updated at: 2026/01/14

Foxtron Bria to debut at Taipei Auto Show 2026 On December 31, the Taipei Auto Show organizer announced that Bria, an EV sub-brand of Hon Hai Technology Group (Foxconn), will debut at the Taipei Auto Show 2026. A vehicle model of the same name is available in the Elegant (single-motor), Emerge (single-motor), and Pioneer (dual-motor) variants, with prices ranging from TWD 899,000 to TWD 1,149,000 (approximately CNY 200,000 to CNY 260,000). Releas...

News  Updated at: 2026/01/08

Foxtron to acquire 100% stake in Luxgen Motor On December 19, Luxgen Motor Co., Ltd. (Luxgen Motor) announced that Foxtron Vehicle Technologies Co., Ltd. (Foxtron) will acquire all its stake for around NTD 788 million (around CNY 176 million), with transfer completion expected in Q1 2026. Foxtron is a joint venture between Hon Hai Technology Group (Foxconn) and Yulon Motor Co., Ltd. (Yulon Motor), and Luxgen Motor is a wholly-owned subsidiary of ...

News  Updated at: 2025/12/24

CES 2026: FIH, Taiwan, to present its advanced HPC platform On December 16, FIH, a subsidiary of Hon Hai Technology Group (Foxconn), announced that it will present the latest high-performance computing (HPC) platform, in-vehicle infotainment (IVI) systems, ADAS, and telematics control units (TCUs) at CES 2026. To demonstrate the centralized computing power and system integration capabilities of the HPC platform, FIH will present an interactive de...

News  Updated at: 2025/12/19

SoftBank to invest USD 3 billion in Lordstown Ohio factory for data center equipment On November 20, it was reported that SoftBank plans to invest up to USD 3 billion to convert the former Foxconn EV Ohio plant, and GM assembly plant before that, in Lordstown, Ohio, to produce equipment for OpenAI’s forthcoming data centers. Softbank purchased the site for USD 375 million in August from Foxconn, positioning it as a key manufacturing hub for the...

News  Updated at: 2025/11/25

PTT, Thailand plans to withdraw from EV production JV with Foxconn Reported on November 19, 2025, PTT PLC is considering selling its entire stake in Horizon Plus Co., Ltd., an EV joint venture with Hon Hai Precision Industry Co., Ltd. (Foxconn), to Foxconn. This move is part of PTT’s plan to improve its cash flow and prepare for a sluggish Thai and global economy in 2026. The company aims to earn an additional THB 100 billion through these sha...

News  Updated at: 2025/11/21

nsions across CI/CD/CT workflows leveraging AI-assisted automation, (iii) Scalable SDV cockpit solutions from virtual low-code design tools to a modular, safety-certified automotive OS and ready-to-integrate hardware platforms, and (iv) an EV modular software and hardware platform co-developed with Foxconn, designed for built-to-print production and delivering the core vehicle control units and software platform without supplier lock-in. (From a ...

News  Updated at: 2025/11/21

JMS 2025: Sharp debuts new LDK+EV concept, developed with Foxconn On October 30, Mr. Mototaka Taneya, Senior Managing Executive Officer and CTO of Sharp Corporation (Sharp), took the stage at a press briefing at the Japan Mobility Show 2025 (Press days: October 29-30, Public days: October 31-November 9) held at Tokyo Big Sight to unveil the second electric vehicle (EV) concept model, LDK+, for the first time. The LDK+ was developed by Sharp based...

News  Updated at: 2025/10/31