Mitsubishi Motors made an announcement on May 7, revealing the signing of a Memorandum of Understanding (MOU) with Foxconn EV Technology, a subsidiary of the Foxconn Group. This agreement paves the way for the supply of electric vehicle models developed by Foxconn EV Technology. Both parties aim to delve deeper into the specifics of their collaboration in the coming months. The electric vehicles will be engineered by Foxconn EV Technology and manufactured by Yulon Motor, with a projected debut in the Oceania market during the second half of 2026.
