Focusing on zero-emission vehicles like the Model T and Model U
Mitsubishi Fuso Truck and Bus Corporation (Mitsubishi Fuso) and Hon Hai Technology Group (Foxconn) have announced plans to create a standalone bus company in Japan to accelerate the development of competitive zero-emission buses.
Scheduled to be established in the second half of 2026, the new original equipment manufacturer (OEM) will combine Mitsubishi Fuso‘s design and manufacturing expertise with Foxconn‘s zero-emission vehicle (ZEV) technology and global partnership network.
“We are excited to join forces with Foxconn. This collaboration will combine the strengths of both parties to accelerate our transformation in the bus sector. By combining Fuso and Foxconn’s extensive experience and technological know-how, we will offer customers state-of-the-art solutions for public transport, thereby contributing to society both in Japan and abroad,” said Karl Deppen, CEO of Mitsubishi Fuso.
Mitsubishi Fuso and Foxconn have previously signed a memorandum of understanding to explore strategic cooperation in clean mobility. Both companies plan to cooperate on the development, production, supply chain management, and sales of ZEV buses through their respective subsidiaries, Mitsubishi Fuso Bus Manufacturing Co., Ltd. (Fuso Bus) and Foxtron Vehicle Technologies (Foxtron). The initiative will begin with the Foxtron-developed Model T and Model U.
“Mobility is a strategic priority for Foxconn,” said Jun Seki, Foxconn‘s Chief Strategy Officer for EVs. “This collaboration with Mitsubishi Fuso will provide a comprehensive electrification solution for Japan’s transportation ecosystem. This approach will significantly shorten development cycles and enhance cost-efficiency.”
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