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3mo ago

Mitsubishi and Foxtron Partner to Launch Taiwan-Made EV in Oceania by 2026

The collaboration includes Foxtron developing the EV, Yulon manufacturing it in Taiwan, and Mitsubishi targeting Oceania as its first market.

FILE - Foxconn's Foxtron Model C electric car is displayed during the Hon Hai Tech Day (HHTD 24) at the Nangang Exhibition Center in Taipei, Taiwan, Oct. 8, 2024. (AP Photo/Chiang Ying-ying, File)
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Overview

  • Mitsubishi Motors and Foxconn's EV subsidiary, Foxtron, have signed a memorandum of understanding for the supply of a new electric vehicle model.
  • The EV will be developed by Foxtron, manufactured by Yulon Motor in Taiwan, and is set to debut in Oceania in the second half of 2026.
  • The new model is expected to be based on the Foxtron Model B, featuring a 60kWh battery and a claimed range of over 500km on the NEDC cycle, though this has not been officially confirmed.
  • Mitsubishi is also evaluating a Leaf-based EV for North America, planned for late 2026, alongside a rebadged Outlander PHEV for Nissan in the same market.
  • This partnership reflects Mitsubishi's broader strategy to expand its electrified lineup and achieve carbon neutrality by 2035, leveraging both Alliance collaborations and external manufacturing partnerships.