Foxtron Vehicle Technologies, a subsidiary of Hon Hai Technology Group (known as Foxconn) – the company that makes iPhones for Apple – has announced the signing of an MOU with Mitsubishi Motors Corporation to develop and supply an electric vehicle (EV) model to Mitsubishi Motors as an OEM model.
Foxtron will provide design and manufacturing management services and this model is expected to enter the Australia and New Zealand markets in the second half of 2026.
Regarding the arrangement, Mitsubishi Motors noted that Foxtron’s EV solution, which it claims offers excellent driving performance and infotainment system, is well suited for Australia and New Zealand.
Foxtron stated that, in line with Foxconn Chairman Young Liu’s vision of “Share, Collaborate, and Thrive,” the company aims to accelerate EV development by optimising platformisation and modularised components.
“We are delighted to develop and supply an electric vehicle (EV) to Mitsubishi Motors Corporation and look forward to a collaboration that will complement both parties and drive both business expansions,” a Foxtron spokesperson said.
Foxtron says the EV model to be supplied to Mitsubishi Motors as an OEM model will be developed by Foxtron, manufactured in Taiwan by Yulon Motor Co., Ltd. (Yulon Motor), and introduced in the Oceania region (Australia and New Zealand) in the second half of 2026.
The model is part of the product plan announced last year for Australia, extending through 2030. It claims it features excellent driving performance as an EV and an advanced infotainment system, making it optimal for the Oceania region. Based on this MOU, Mitsubishi Motors and Foxtron will proceed with discussions towards a definitive agreement.
Mitsubishi Motors says it is advancing its environmental initiatives through the electrification of new models. This effort includes upgrades to the Outlander PHEV, a plug-in hybrid EV, and the addition of hybrid EV models to the Xpander and Xforce, which are popular in the ASEAN region. In addition to exploring collaboration with Foxconn, Mitsubishi Motors says it plans to enhance its electrified vehicle line-up by leveraging the strengths of the Alliance, such as receiving OEM models from Renault Group in Europe and Nissan Motor Co., Ltd. in North America. Furthermore, Mitsubishi Motors says it is considering expanding collaboration with its Alliance partners globally, including in the Oceania region, to strengthen the electrified vehicle line-up and accelerate efforts towards achieving carbon neutrality.
Mitsubishi Motors Australia Limited CEO, Shaun Westcott, welcomed confirmation of what he called an exciting partnership between Mitsubishi Motors Corporation (MMC) and Foxtron.
“We are looking forward to working closely to deliver a great product for Australian customers,” Westcott said.
“This pure EV model is the latest step in our Momentum 2030 plan and offers another string to our multi-powertrain bow that will see us through to the next decade. It will join a refreshed Mitsubishi range that already offers petrol, diesel and PHEV options that fit Australian lifestyles, all with our innovative 10/10 warranty and capped price-servicing plan.
“It is also further evidence of our core market relationship with MMC, with Australia the first Mitsubishi market to receive this vehicle from launch, and signifies our ongoing strength. We have been here for 45 years, and with new and exciting products such as this, we are well placed for the next 45 and beyond.”
Meanwhile, respected industry eNewsletter, GoAuto, has reported that Foxconn has already started building cars for Nissan under licence in a joint venture with Yulon Motor Company, and that Mitsubishi Motors Australia has already began work on localising design of a Foxtron EV at its Adelaide-based facility.
GoAuto reports that Foxtron will launch its Model C SUV BEV into the US market later this year, which will be followed by its larger Model D in 2027.