Foxconn pays $727M for half of Mitsubishi Electric’s car parts unit in EV push
Foxconn is buying half of Mitsubishi Electric’s auto parts business for ¥115 billion ($727 million), its biggest bet yet on turning years of EV promises into a real car business. But the target, Mitsubishi Electric Mobility, isn’t an EV...
Read more: https://electrek.co/2026/10/19/foxconn-mitsubishi-...
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