EVsTechSpotabout 1 hour ago
Foxconn Buys Half of Mitsubishi Electric Auto Parts
2 min read
Foxconn agrees to pay $727 million for a 50% stake in Mitsubishi Electric's automotive equipment business. The deal closes in October 2027 after antitrust reviews. Foxconn gains vehicle-control technology and software expertise to develop electric vehicles for other manufacturers.
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