Foxconn, the world’s largest contract electronics manufacturer, has acquired a 50% stake in Mitsubishi Electric Mobility, signaling a major push into electric vehicle charging infrastructure. The partnership combines Foxconn’s expertise in hardware and manufacturing with Mitsubishi Electric’s established presence in automotive and energy solutions. Industry analysts suggest the move could accelerate the development of next-generation charging networks and smart grid technologies. The collaboration may also strengthen supply chain resilience for electric vehicle adoption globally.
Foxconn takes 50% stake in Mitsubishi Electric Mobility EV Infrastructure News