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

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

tive and motorcycle industries. 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 exh...

News  Updated at: 2026/04/07

et entry. In October 2025, Sharp announced its market entry policy for FY2027 when it unveiled details of its EV concept at the Japan Mobility Show (JMS) 2025. This is the second model, an evolution of the "LDK+" unveiled in 2024, and was developed based on the "Model A" EV from its parent company, Hon Hai Precision Industry Co. Ltd. (From an article in the Nikkan Jidosha Shimbun on April 1, 2026)...

News  Updated at: 2026/04/01

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

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

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

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

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 on the “Model A” EV by the Hon Hai Technology Group (Foxconn). The second model keeps the concept the same, but combines a maneuverable, compact body with a spacious interior. S...

News  Updated at: 2025/10/31

, a two-row, five-seater SUV. Daihatsu presented a range of concept vehicles, including the Midget X. Century, newly positioned as the company’s flagship brand, revealed its brand concept and a coupe-style concept model. Lexus also unveiled the LS Concept, the brand's first six-wheeled vehicle.  Honda exhibited the Honda 0 Series electric vehicle (EV), scheduled for global launch in 2026. The flagship prototype, the Honda 0 Saloon, and the Hon...

News  Updated at: 2025/10/30

ms to realize ever-evolving cars, and is equipped with personalized AI that provides an optimized experience for each individual user. Sharp Corporation (Sharp) will also unveil its concept car. It has been revealed that the car will be based on the Model A electric vehicle from its parent company, Hon Hai Precision Industry Co., Ltd. (Hon Hai). (From an article in the Nikkan Jidosha Shimbun on October 24, 2025)...

News  Updated at: 2025/10/24

Foxconn’s Saudi Arabia EV charger joint venture to start construction by end of 2025 On September 16, Foxconn Interconnect Technology, a subsidiary of Hon Hai Technology Group, announced that its Saudi joint venture Smart Mobility has already completed three SASO (Saudi Standards, Metrology and Quality Organization) product certifications. It is preparing for the groundbreaking of a new factory at the end of the year, marking FIT’s first manu...

News  Updated at: 2025/09/18

IAA Mobility 2025: Foxconn to present advanced automotive electronics innovations On September 2, FIH, a subsidiary of Hon Hai Technology Group (Foxconn), announced that it will unveil its latest automotive electronics solutions at IAA Mobility 2025. FIH is showcasing its evolved HPC (High-Performance Computing) flagship product. The product integrates In-Vehicle Infotainment (IVI) and ADAS, together with the advanced design of the Zone Control U...

News  Updated at: 2025/09/03

Foxconn EV crossover still on track for U.S. launch after Lordstown plant sale On August 14, Hon Hai Technology Group (Foxconn) officials answered questions at an Investors Call that shed light on the company’s plans for EV sales and eventual production in the U.S. market. Foxconn recently sold its Lordstown, Ohio, plant, formerly planned as an EV production site, to Softbank “for greater financial flexibility” in fixed assets, while stayin...

News  Updated at: 2025/09/03

Mitsubishi Fuso and Foxconn to jointly develop ZEV buses, introduce MODEL T and MODEL U in Japan On August 22, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hon Hai Technology Group (“Foxconn”) have signed a memorandum of understanding to explore strategic collaboration in zero emission buses. As part of the collaboration to strengthen the FUSO bus business, the two companies via their subsidiaries – Mitsubishi Fuso Bus Manufacturin...

News  Updated at: 2025/08/22

Foxconn MODEL C electric SUV makes U.S. show debut at Taiwan Expo USA Hon Hai Technology Group (Foxconn) showcased a production model of its North American variant MODEL C SUV at Taiwan Expo USA in Dallas, Texas, from August 14 through August 16, 2025. The Taiwan Expo USA was the first time that Foxconn displayed the vehicle in the U.S. The North American variant of the MODEL C has a number of differences compared to the original, including an en...

News  Updated at: 2025/08/19

at “Japan Mobility Show 2025”, which will be held at Tokyo Big Sight (Koto Ward, Tokyo) in October. The company has been improving its EV concept unveiled in September 2024, and announced at its business briefing in June 2025 that it was developing an EV concept based on the “Model A” EV of Hon Hai Precision Industry Co. Ltd., its parent company. Regarding the second plant of its Kameyama Plant (Kameyama City, Mie Prefecture), which manuf...

News  Updated at: 2025/08/13