Foxconn acquires stake in Mitsubishi Electric Mobility

T2Covered by 1 source · first reported by electrive / Charged EVs / The Autopian / Sustainable Bus at 20 Oct, 10:00 UTC

Foxconn is taking over half of Mitsubishi Electric Mobility, a supplier under the Mitsubishi Electric umbrella. This creates a 50:50 joint venture that will provide platforms for electric vehicles, power electronics, and autonomous driving systems - initially focusing on Japan, but with global…