TAIPEI (TVBS News) — Taiwan's manufacturing prowess in the electric vehicle sector received a significant boost on Wednesday (May 7) as Foxtron Vehicle Technologies (鴻華科技), the automotive arm of technology giant Hon Hai Group (Foxconn, 鴻海集團), unveiled a strategic partnership with Japanese automaker Mitsubishi Motors (三菱汽車). The two companies have signed a memorandum of understanding to jointly develop and manufacture electric vehicles specifically designed for consumers in Australia and New Zealand, with market introduction planned for the second half of 2026.
According to the formal announcement, Foxtron will leverage its technical expertise to deliver comprehensive design services and oversee manufacturing operations throughout the project's development cycle. The Taiwanese automotive technology firm received notable recognition from Mitsubishi Motors, which specifically commended Foxtron's sophisticated electric vehicle technology solutions. The Japanese automaker particularly praised the exceptional driving performance characteristics and advanced infotainment systems developed by Foxtron, noting these features align perfectly with consumer preferences and expectations in the targeted Australian and New Zealand automotive markets.
Mitsubishi Motors elaborated on the partnership structure in its official press release, confirming that Foxtron will handle both the development engineering and physical production of the electric vehicles at its manufacturing facilities in Taiwan. The arrangement establishes Foxtron as an original equipment manufacturer (OEM) for Mitsubishi, meaning the Taiwanese company will produce complete vehicles that will then be marketed and distributed under the established Mitsubishi brand throughout Australia and New Zealand's increasingly EV-receptive markets.
In its corporate statement, Foxtron reaffirmed its dedication to the business principles championed by Hon Hai Group Chairman Young Liu (劉揚偉), specifically his strategic vision centered on "sharing, collaboration, and mutual prosperity" across industrial partnerships. The company detailed its technical approach to expediting electric vehicle development cycles through the implementation of standardized platform architectures and modular component systems. Foxtron executives view the Mitsubishi partnership as a significant opportunity to extend the company's international market presence beyond Taiwan, leveraging the Japanese automaker's established distribution networks in Oceania. ★