TOKYO (Reuters) -Japanese automaker Mitsubishi Motors ( MMTOF ) has signed a memorandum of understanding with Foxconn subsidiary Foxtron Vehicle Technologies for the supply of an electric vehicle model, it said on Wednesday.

The EV model will be developed by Foxtron, manufactured in Taiwan by automaker Yulon and introduced in the Oceania region in the second half of 2026, Mitsubishi Motors ( MMTOF ) said in a statement.