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Foxtron to acquire 100% stake in Luxgen Motor

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

Foxconn EV crossover still on track for U.S. launch after Lordstown plant sale

s actively seeking a new U.S. site for EV production. Jun Seki, the Nissan veteran who runs Foxconn’s EV business, said earlier in 2025 that Foxconn already has a U.S. client for the Model C. The Model C is currently being built as part of a joint venture called Foxtron and sold by Yulon as the Luxgen n7 in Taiwan, where it was ranked second in 2024 EV sales, following Tesla’s Model Y. Regarding the U.S., CEO Kathy Yang emphasized that poli...

News Updated at: 2025/09/03

Advics to supply brake products for Luxgen n7 EV model

Advics to supply brake products for Luxgen n7 EV model Advics Co., Ltd. (Advics) announced that its brake products have been adopted for Yulon Group’s Luxgen n7 for the first time. Designed in 2021, the n7 is the first electric vehicle (EV) designed by Foxtron Vehicle Technologies Co., Ltd. (Foxtron), joint venture established by Hon Hai Precision Industry Co., Ltd. and Yulon. Advics’ products were selected in recognition of their track recor...

News Updated at: 2024/04/29