Key facts
- Mitsubishi Motors will launch a new electric vehicle in Australia and New Zealand this year.
- The new EV will be manufactured by the automotive arm of Taiwan's Foxconn group.
- This is the first time a Japanese automaker will use the Taiwanese assembler.
- Foxconn's automotive division will build the vehicle.
- The launch targets the Australian and New Zealand markets.
Mitsubishi Motors is preparing to introduce a new electric vehicle (EV) to the Australian and New Zealand markets within the current year. The manufacturing of this upcoming EV will be undertaken by the automotive division of Taiwan's Foxconn group, a significant development in the global automotive supply chain. This partnership represents a landmark occasion, as it is the first time a Japanese automaker, Mitsubishi Motors, will utilize Foxconn's assembly capabilities for vehicle production. Foxconn, widely recognized for its role in assembling electronic devices, has been expanding its presence in the automotive sector through its dedicated automotive arm. The collaboration highlights the increasing interdependence between traditional automakers and technology manufacturing giants as the industry transitions towards electrification. The specific details of the EV model, including its specifications and target market segments within Australia and New Zealand, are yet to be fully disclosed, but its introduction is anticipated to bolster Mitsubishi's electric offerings in these key regions.