💨 Abstract
Foxtron, a joint venture between Hon Hai Technology Group (Foxconn) and Taiwan's Yulon Motor Co., has agreed with Mitsubishi Motors to develop an electric vehicle for sale in Australia and New Zealand. The vehicle, produced by Yulon, will be introduced in the second half of 2026. This move is part of Hon Hai's efforts to break into the EV market, using its expertise in electronics and communications.
Courtesy: wtop.com
Summarized by Einstein Beta 🤖
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