"Foxconn's reported deal to supply all-electric buses to Mitsubishi Fuso marks a strategic move into the electric bus segment as competition intensifies in Japan."
"Mitsubishi Fuso's collaboration with Foxconn could provide a significant boost for electric vehicle initiatives, particularly with market rivals like BYD already advancing in this space."
Foxconn is reportedly close to a deal with Mitsubishi Fuso Truck and Bus Corporation to supply all-electric buses, specifically the Model T and Model U microbuses. This collaboration could establish Mitsubishi Fuso's entry into the battery-electric bus sector, with plans for a Japanese market launch in 2027. The agreement may also lead to the creation of a new entity to govern the project, boosting Foxconn's foothold in Japan amid increasing competition from established players like BYD in the electric bus market.
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