Foxconn nears deal to supply electric buses to Mitsubishi Fuso: report
The Japanese commercial automaker and Taiwanese chipmaker are looking to create a new company to oversee the buses, according to the report
Add BT as a preferred source
[BENGALURU] Foxconn is nearing a deal to supply electric buses to Japanese commercial automaker Mitsubishi Fuso Truck and Bus, Japan’s Nikkei newspaper reported on Thursday (Jun 26), citing a source close to the Taiwanese chipmaker.
Mitsubishi Fuso, owned by Daimler Truck, plans to sell the Model T bus and Model U microbus, both developed by Foxconn, under its own brand, the report said.
Mitsubishi Fuso and Foxconn are looking to create a new company to oversee the buses, according to the report.
The Taiwanese chipmaker said in a briefing in April that it intends to roll out the Model T and Model U buses in Japan in 2027.
Foxconn did not immediately respond to a Reuters request for comment.
Daimler Truck declined to comment on the report. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Banyan Group heir Ho Ren Yung: ‘Better to be useful than happy’
Asean+3 has made strong progress on cross-border payment connectivity, but more work lies ahead
