#foxconn

#foxconn

Mitsubishi Fuso Truck and Bus Corporation (MFTBC), the Daimler Truck subsidiary responsible for the FUSO brand, has announced on January 22nd 2026 plans to create a standalone bus company in Japan together with Hon Hai Technology Group (Foxconn), marking a further step in the convergence of traditional commercial vehicle manufacturing and electronics-led electric vehicle development. Katsuto Kora, currently Director and Head of FUSO Bus at MFTBC, has been designated CEO of the future company. The new bus company will be headquartered in Kawasaki, Japan, while vehicle development and manufacturing will be carried out at the existing FUSO bus plant in Toyama. Products will be marketed under the FUSO brand.

Foxconn just has huge manufacturing expertise,

Cars are becoming increasingly electrified and software-defined. This shift in the industry is making the car-making game increasingly attractive to companies that wouldn't have considered making cars a decade ago. Back then, who would've been willing to bet Japanese electronics giant Sharp would announce a car project? Hardly anybody, but that's exactly what the company announced today. Next week, Sharp plans to unveil a concept for its first-ever cara minimalist electric minivan with a price tag it says families can comfortably afford.