Foxconn (Hon Hai), an electronics manufacturer, is seeking partnerships in Japan to expand its electric vehicle (EV) business, reported Reuters citing an executive in charge of the business.
The firm is considering partnerships as soon as possible with Japanese companies.
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This move is driven by the growing “threat” from Chinese brands, which are rapidly gaining market share with their battery-powered vehicles in regions such as Europe, Brazil, and Thailand.
Foxconn EVs chief strategy officer Jun Seki was quoted by the news agency as saying at a Tokyo seminar: “Automakers are scattered all over the world.
“We will of course work with all of these customers, but there are several points where we feel we have a strong affinity with Japan.”
In 2027, Foxconn is planning to launch an electric bus and a battery-powered microbus in Japan, with a focus on providing business-to-business services rather than directly targeting consumers.
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By GlobalDataFoxconn has expressed interest in collaborating with Nissan, although no current engagement with the automaker is underway.
Seki said that Foxconn is also finalising a deal with Mitsubishi Motors to supply EVs, reported Nikki news agency.
Mitsubishi, which is part of an alliance with Nissan, is reportedly planning to outsource the production of EVs for Oceania markets to Foxconn.
Earlier reports from February indicated that Foxconn had proposed a partnership with Honda, which could potentially lead to a four-way framework involving Nissan and Mitsubishi Motors.
This proposal came after merger talks between Honda and Nissan had collapsed.
While Foxconn has considered taking a stake in Nissan, Seki emphasised that the main goal is cooperation.
Last year, Foxconn said it plans to construct an advanced computing centre in Kaohsiung, Taiwan. The centre, which will feature the Nvidia Blackwell platform, is expected to be completed by 2026.
It will include a total of 64 racks and 4,608 GPUs, powered by the superchip GB200 servers.
