Overview

• Foxconn has finalized a deal to supply electric vehicles to Mitsubishi Motors, marking a significant step in its EV strategy.
• The company has publicly expressed interest in collaborating with Nissan on electric vehicle projects, emphasizing compatibility as a strategic strength.
• Foxconn has proposed a broader partnership framework involving Honda, Nissan, and Mitsubishi Motors, signaling its ambition to reshape the Japanese EV market.
• Mitsubishi is reportedly planning to outsource EV production for Oceania markets to Foxconn, further deepening their collaboration.
• Foxconn's Chief Strategy Officer, Jun Seki, highlighted the company's shift away from equity stakes toward cooperative partnerships with established automakers.