Mitsubishi Motors is in talks with Taiwan-based Foxconn’s electric vehicle division to source an OEM electric car model that the Japanese automaker plans to sell in Australia and New Zealand in the latter half of 2026.
Mitsubishi said on Wednesday that it had signed a memorandum of understanding with Foxtron Vehicle Technology to develop the EV, and would hold further discussions to reach an agreement. Foxtron is a joint venture between Foxconn and Taiwan-based Yulon Motor Co, which assembles and makes cars for Nissan.
Mitsubishi and Nissan are also tapping their three-way alliance with Renault to augment their EV lineups in North America. Mitsubishi said it will start selling a rebadged version of the Nissan Leaf electric car in the second half of 2026 in North America, while Nissan would sell a rebranded plug-in hybrid electric vehicle model made by Mitsubishi, also in North America next year.
Mitsubishi said it would also similarly sell rebranded EV models made by Renault in Europe.