Mitsubishi Motors plans to sell an electric vehicle developed by a unit of iPhone assembler Foxconn Technology Group in the second half of 2026, part of efforts to beef up its EV offerings.

Tech giant Foxconn has signed an MoU with Mitsubishi to launch a car as early as next year for the Australian market.

Foxconn has made a landmark entry into the car industry after the Taiwanese iPhone supplier struck a deal to manufacture electric vehicles for Mitsubishi Motors of Japan.