Foxconn and Mitsubishi Electric finalize automotive equipment alliance

Foxconn's subsidiary Lin Yin will acquire a 50% stake in Mitsubishi Electric Mobility for JPY 115 billion, forming a joint venture to operate the automotive equipment business. The share transfer is expected to close in October 2027.

“The joint-operating arrangement will combine Mitsubishi Electric Mobility’s technological and developmental capabilities with Foxconn’s speed, scale and other strengths.”evertiq.com

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• evertiq.comFoxconn, Mitsubishi Electric finalize alliance for automotive equip...EvertiqNov 11, 2026

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