Foxconn Mitsubishi Fuso EV Bus JV Formed to Electrify Japan's Transport

Foxconn is no longer just the king of iPhones; it's eyeing the driver's seat of Japan's public transport. On January 22, 2026, Taiwan's Hon Hai Precision Industry (Foxconn) and Japan's Mitsubishi Fuso Truck and Bus announced they're forming a new joint venture headquartered in Japan to develop and manufacture electric buses. This move solidifies a strategic partnership that could reshape the regional EV landscape.

Foxconn Mitsubishi Fuso EV Bus JV: Leveraging Local Factories

The new entity will utilize Mitsubishi Fuso's domestic production facilities in Japan. By combining Foxconn's electronic manufacturing prowess with the established infrastructure of the Japanese commercial vehicle giant, the venture aims to fast-track the deployment of electric buses across the country. It's a classic play of 'software and hardware meet legacy manufacturing.'

Strategic Context of the Japanese EV Market

This announcement follows significant consolidation in the Japanese industry, including the merger between Toyota's Hino and Daimler-owned Mitsubishi Fuso. Foxconn is seizing this moment of transition to embed its EV platform into Japan's strict regulatory environment. While specific production numbers weren't disclosed, the partnership signals a major push into the B2G (Business-to-Government) sector.