Foxconn wants to work with Japan automakers on EVs


“From our perspective, the compatibility with Japanese automakers, especially Nissan, will become a strength” for Foxconn, a senior executive said. — Reuters

TOKYO: Foxconn wants to cooperate with Nissan but is currently not engaging with the Japanese automaker, an executive in charge of the Taiwan company’s electric vehicle (EV) business told the Nikkei newspaper in an interview published yesterday.

Jun Seki, Foxconn chief strategy officer for EVs, made the remarks ahead of a seminar in Tokyo yesterday where the contract manufacturer aims to lay out its EV strategy to Japanese companies.

“From our perspective, the compatibility with Japanese automakers, especially Nissan, will become a strength” for Foxconn, Nikkei cited Seki, a former senior Nissan executive, as saying.

Seki also said it was a great idea for Foxconn to be part of a potential broader partnership with Honda, Nissan and Mitsubishi Motors, and confirmed that Foxconn was finalising a deal with Mitsubishi to supply it with EVs.

Sources had previously told Reuters that Nissan’s junior partner Mitsubishi plans to outsource the production of EVs for Oceania markets to Foxconn, which also makes iPhones for Apple and artificial intelligence servers for Nvidia.

In February, Nikkei reported that Foxconn had proposed partnering with Honda with an ultimate aim of creating a four-way framework that would also include Nissan and Mitsubishi, after Honda-Nissan merger talks collapsed.

Foxconn has previously said it would consider taking a stake in Nissan, but that the company’s main aim was cooperation. — Reuters

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

MIDA sees broader investment pipeline beyond data centres in 2026
Malaysia likely see net foreign equity inflow in 2026 amid rising investor confidence
Sarawak to introduce carbon levy on oil, gas and energy sectors
Astro to stop new Astro Fibre sign-ups from Feb 2026
5E Resources secures Bursa Malaysia nod for ACE Market listing
Ringgit ends higher as Trump-fed clash weakens the greenback
AirAsia X fully secures RM1bil private placement at RM1.65 per share
iCents wins RM9.12mil industrial facility contract
Rimbunan Sawit disposes of land for RM28mil
Agibot opens Malaysia’s first AI and robotics experience centre

Others Also Read