Hon Hai Precision Industry Co (鴻海精密), a major iPhone assembler, yesterday said it has inked a memorandum of understanding (MOU) with Mitsubishi Fuso Truck and Bus Corp to develop and manufacture electric buses.
Hon Hai and Mitsubishi are to collaborate through their respective automotive subsidiaries Foxtron Vehicle Technologies (鴻華先進) and Mitsubishi Fuso Bus Manufacturing Co, Hon Hai said in a news release.
Foxtron Vehicle is a joint venture between Hon Hai and a domestic automaker Yulon Motor Co (裕隆汽車).
Photo: Tyrone Siu, Reuters
Foxtron Vehicle and Mitsubishi Fuso are to collaborate on the development, production, supply chain management and sales of zero-emission buses (ZEV), based on Foxtron’s Model T and Model U electric bus platforms, Hon Hai said.
The Model T, an electric bus, has been commercially available since 2022 on the domestic market.
The collaboration aims to bolster the two companies’ strategic partnership in zero-emission buses and expand their presence in clean energy transportation, it said.
Based on the contract, Foxtron and Mitsubishi Fuso will further discuss potential business models for the Fuso brand and advance development of the new bus models to be manufactured in Japan, it said.
The Japanese automaker would primarily oversee development, production and commercialization in target markets, while also assessing the possibility of importing internal combustion engine buses and ZEVs into related markets, it said.
Through the partnership, the two companies aim to offer a wider range of products to meet the rapidly evolving bus market to achieve sustainable sales growth, Hon Hai said.
SEMICONDUCTOR SERVICES: A company executive said that Taiwanese firms must think about how to participate in global supply chains and lift their competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said it expects to launch its first multifunctional service center in Pingtung County in the middle of 2027, in a bid to foster a resilient high-tech facility construction ecosystem. TSMC broached the idea of creating a center two or three years ago when it started building new manufacturing capacity in the US and Japan, the company said. The center, dubbed an “ecosystem park,” would assist local manufacturing facility construction partners to upgrade their capabilities and secure more deals from other global chipmakers such as Intel Corp, Micron Technology Inc and Infineon Technologies AG, TSMC said. It
People walk past advertising for a Syensqo chip at the Semicon Taiwan exhibition in Taipei yesterday.
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