Mitsubishi is stepping up its EV game with not one, but two new electric models on the horizon, both of which are slated to arrive in the second half of 2026, each targeting a different market, First up, there’s an electric crossover inspired by the upcoming Nissan Leaf, which will be offered in North America. Then, Mitsubishi is also teaming up with Foxconn to develop a separate EV aimed at the Australian market.

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The Leaf-based crossover is expected to hit dealers in the U.S. and Canada by summer 2026. As the official teaser suggests, it will closely resemble the new Nissan Leaf, adopting a similar crossover silhouette with a sloping roofline and an identical LED lighting signature. For now, it’s unclear if there will be any other noticeable differences between this Mitsubishi EV and its Nissan counterpart, aside from the Mitsubishi badges.

Key Features of the Leaf-Based EV

This new EV will sit on the CMF-EV platform, the same one found under the upcoming Nissan Leaf, and will feature a single electric motor. That means, like the slightly larger Nissan Ariya, there won’t be an all-wheel-drive option here. However, Mitsubishi has confirmed that the Leaf-based model will include a NACS charging port and is targeting a range of over 300 miles (482 km).

In return, Mitsubishi is helping Nissan with a plug-in hybrid version of the Nissan Rogue (X-Trail), which is expected to arrive in 2026 as a rebadged version of the Mitsubishi Outlander PHEV. The Rogue plug-in hybrid will sit alongside gasoline and self-charging hybrid variants, with different styling cues to set them apart. Mitsubishi’s goal, of course, is to “strengthen its partnership with Nissan” through electrified vehicles.

Illustrations: Carscoops

In addition to expanding its EV lineup, Mitsubishi’s Momentum 2030 plan also includes a new approach to retail sales and an expanded dealer network in North America. This effort is designed to boost sales across the region.

New Foxtron-Developed EV for Australia

Mitsubishi has also signed a memorandum of understanding with Foxtron, an electric vehicle subsidiary of tech-giant Foxconn, confirming earlier reports about a potential collaboration. The result will be a new Mitsubishi EV that will be developed by Foxtron and manufactured by Yulon Motor in Taiwan.

More: Foxconn Will Build EVs In The US But You’ll Never See Its Name On Them

The yet-unnamed model will be introduced in Australia and New Zealand in the second half of 2026. Mitsubishi claims it will have “excellent driving performance as an EV”, adding that it will be equipped with “an advanced infotainment system”. While not confirmed, the new model could be a rebadged version of the Pininfarina-designed Foxtron Model B, first shown in 2022.

While the deal sounds nearly finalized, both Mitsubishi and Foxtron have stated they will continue discussions before sealing the deal. Beyond the Foxtron-developed EV for Oceania, Mitsubishi’s broader strategy includes its own developed models for ASEAN, Renault-based models for Europe, and Nissan-based models for North America.

Foxtron

We bet you’ve never heard of Hon Hai Precision Industry Co. Chances are, though, that you’ve either heard or read about Foxconn, the Taiwanese tech giant that builds iPhones for Apple – and the former is its official name.

Another thing you’re probably aware of, if you’ve been paying any attention to car-related news, is that tech companies are not content with making smartphones and laptops anymore and are actively engaging in the automotive business now that EVs have taken off. Which, in a way, makes perfect sense as traditional automakers are trying to outdo each other by offering lots of advanced tech in their new vehicles.

Foxconn Ready To Build A Range Of EVs

Since customers are more interested in things like advanced infotainment systems and electrification sort of levels the playing field between newcomers and established players in the car game, the likes of Xiaomi, Huawei, and even Sony decided to take advantage of that.

Foxconn recently made headlines as one of the parties interested in Nissan, which is in serious trouble. The Japanese company though would rather get in bed with fellow manufacturer Honda, but the proposed merger eventually fell through.

Enter Jun Seki, a Foxconn top executive who also happens to be Nissan’s former COO after then CEO Carlos Ghosn was ousted from the company and prosecuted by Japanese authorities. Seki said that Foxconn already has what it takes to build a range of EVs. They will initially be manufactured in Taiwan and shipped around the world, but the company can also produce them locally to cater to each market’s demands.

US-Market EVs Will Be Built Locally

“It is right to make them in the market where they are sold”, Seki said according to Autonews. “But it is inefficient without a certain number of units, so we are making them in Taiwan now as a transitional measure.”

This is a wise strategy, especially when it comes to the US, which is the world’s second biggest market after China. With Trump’s new tariffs shaking up the industry and making imported cars pricier than ever, forcing a number of established brands to suspend their shipments as they scramble to formulate a new strategy, a newcomer with no customer base has no choice but to manufacture its vehicles locally if it wants to be competitive.

Foxconn already builds the Model C midsize crossover that’s sold its home market since December 2023 as the Luxgen N7. Its global expansion, though, will start with the Model B minivan that’ll be launched in Taiwan in the second half of the year and will be sold in Australia with the badges of a Japanese brand that’s believed to be Mitsubishi. However, in the fourth quarter it plans to import the Model C in the US for customers to try out, and in 2027 it will introduce the stylish Model D minivan.

Teaming Up With The Japanese Would Be Ideal

After the negotiations between Honda and Nissan ended, Foxconn reportedly proposed an alliance between itself, Honda, Nissan and Mitsubishi, touting its expertise in cutting-edge technology as a key advantage for the automakers’ future models.

Seki admitted that Foxconn is working with Mitsubishi, but wouldn’t elaborate on the matter. He did, however, state that Japanese brands make for great partners due to their focus on quality. “Japanese carmakers are careful planners, and we understand that but are also very fast,” Seki said. “We can do things faster while understanding Japanese prudence.”

Moreover, Seki made it clear that Foxconn won’t launch the EVs it will build under its own name. Rather, following the example of its electronics division, it will manufacture them for other brands, just like the iPhone, thus it won’t be seen as a competitor but a valuable partner.

Just days after reports emerged that Taiwanese contract manufacturer Foxconn was close to finalizing deals with two Japanese automakers, unnamed sources report that Mitsubishi is one of the firms involved. If the deal goes through, it could mark a major shift, with Mitsubishi potentially outsourcing EVs production to Foxconn.

For several years, Foxconn has been trying to lower its dependence on consumer electronics and expand into the EV market, viewing it as an important growth driver. It wanted to take a 5% share of the global EV market by 2025 and has previously signed deals with Lordstown, Fisker, and China’s Byton. While it’s yet to achieve the growth it had hoped for, a deal with Mitsubishi could be a major breakthrough for the firm.

Read: Foxconn Gearing Up To Build Four New EVs, Including Two From Japanese Brands

According to Nikkei Asia, Foxconn has been in talks with Mitsubishi for over six months. The company views this partnership as an opportunity to prove its manufacturing capabilities, hoping it will help attract other established carmakers.

Details about which Mitsubishi EVs Foxconn might produce are still unclear. The Japanese automaker is expected to launch a new EV in the US next year, with little confirmed about the model. However, early reports suggest it could be a crossover coupe, which would add another option to the growing EV market.

Foxconn’s Broader EV Plan

Foxconn had expressed an interest in acquiring Nissan late last year, but Nissan would ultimately go on to have discussions with Honda about a potential merger. However, talks fell through in early February. The Taiwanese company is still said to be open to taking a stake in Nissan and will likely try to secure a deal to build the brand’s future EVs.

At this point, Foxconn has plenty on its plate as it looks to play an increasingly important role in the EV market. In addition to working with established brands, it will begin production of its in-house Model B, an all-electric hatchback similar in size to the VW ID.3. It also wants to start building the larger Model C in North America during the fourth quarter of this year.

Taiwanese contract manufacturer Foxconn has revealed it’s close to inking deals with two Japanese car manufacturers to design and manufacture a pair of EVs. While limited details about these new models are known, they will be brought to life alongside two of Foxconn’s in-house EVs, namely the Model C and Model B.

Foxconn has been ratcheting up its involvement in the car industry for several years now. At one point, it announced it would invest up to $170 million to build Lordstown Motors’ Endurance pickup truck, but that project was later scrapped. It is also said to have expressed keen interest in acquiring Nissan, before the Japanese brand would go on to enter ill-fated negotiations with Honda about a potential merger.

Read: Foxconn Unveils Model C, Model E And Model T EVs With Up To 740 HP

While speaking at an investor conference earlier this month, chairman Young Liu said the company expects to sign agreements with two Japanese firms in the next two months. Foxconn will use its “contract design and manufacturing services (CDMS) business model” in the development of these new EVs.

There’s no word on which two marques Foxconn is talking to. It’s certainly possible that one of them could be Nissan, as a report from early February indicated that after the latter’s merger with Honda fell through, it has expressed its willingness to work with technology companies. Foxconn could be one of them, and teaming up with it would also provide Nissan with a valuable cash infusion.

Foxconn Model C

Foxconn’s Own EVs

While the Taiwanese giant is busy finalizing contract manufacturing deals, at the same time it’s also pushing forward with its own EVs. Focus Taiwan reports that the Model C will enter production in North America during the fourth quarter of this year. The electric crossover was previewed as a concept back in October 2021 and, in concept guise, had a claimed range of 435 miles (700 km). Given it’s been almost three and a have years since the concept’s unveiling, the production model may sport some changes.

Arriving before the Model C will be Foxconn’s Model B, reportedly set to reach the production line in the middle of this year. The Model B was previewed in 2022 and is similar in size to the VW ID.3. It was designed by Pininfarina, is powered by a single electric motor with 230 hp, and has a claimed range of 280 miles (450 km).

Foxconn Model B