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Foxconn wants to be contract manufacturer for Japanese brands; Mitsubishi EV deal being finalised

  • Taiwanese iPhone maker Foxconn aims to become a contract manufacturer for Japanese carmakers, including Nissan.
  • Foxconn's chief strategy officer, Jun Seki, confirmed that a deal with Mitsubishi to supply its EVs is being finalized.
  • Foxconn already produces the Model C for the Taiwanese Luxgen brand and plans to launch its first model in Australia next year.
  • Foxconn aims to replicate its success in electronics manufacturing by targeting a 40% market share in the automotive sector, but does not intend to create its own EV brand.

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