Foxconn and Mitsubishi Fuso join forces to develop electric buses

Foxconn Technology Group and Mitsubishi Fuso of Japan have reached a cooperation agreement to establish a joint venture focused on the research and development and manufacturing of electric buses. The two companies have signed a memorandum of understanding aimed at promoting the development of zero-emission buses and clean transportation. The new company will utilize Mitsubishi Fuso's plant in Toyama, Japan for production.