{"id":"a688326f-aac7-4076-ac9b-d495bb1ed349","slug":"foxconn-x-mitsubishi-electric-mobility-jv","name":"Foxconn x Mitsubishi Electric (Mitsubishi Electric Mobility JV)","partnershipType":"joint_venture","status":"announced","announcedDate":"2026-10-16T12:00:00.000Z","startDate":null,"endDate":null,"summary":"Foxconn's investment arm Lin Yin International Investment agreed to buy 50% of Mitsubishi Electric Mobility, Mitsubishi Electric's automotive equipment unit, for about JPY 115.0B (enterprise value JPY 320.0B). The two will jointly run it to develop EV platforms in Japan. Closing is expected Oct 1 2027, subject to antitrust approvals.","sources":[{"url":"https://www.honhai.com/en-us/press-center/press-releases/latest-news/2124","title":"Hon Hai Precision Industry (Foxconn) and Mitsubishi Electric Reach Final Agreement on Strategic Alliance for Joint Operation of Automotive Equipment Business","sourceName":"Hon Hai Technology Group"}],"verificationPosture":"reported","reviewStatus":"unreviewed","createdAt":"2026-10-19T16:57:55.904Z","updatedAt":"2026-10-19T16:57:55.904Z","parties":[{"id":"37d3b69d-de16-4de8-a4ff-a06ad478656d","partnershipId":"a688326f-aac7-4076-ac9b-d495bb1ed349","companyId":"5b10af08-6b9c-43a5-89b1-d8d17220eb36","externalName":null,"role":"investor_partner","createdAt":"2026-10-19T16:57:56.248Z","company":{"id":"5b10af08-6b9c-43a5-89b1-d8d17220eb36","slug":"foxconn","name":"Foxconn (Hon Hai)"}},{"id":"72ddc433-699f-4804-956b-1474ea8375e0","partnershipId":"a688326f-aac7-4076-ac9b-d495bb1ed349","companyId":"6b9f47a9-ff9f-4a80-a2d1-8576c714633b","externalName":null,"role":"co_developer","createdAt":"2026-10-19T16:57:56.593Z","company":{"id":"6b9f47a9-ff9f-4a80-a2d1-8576c714633b","slug":"mitsubishi-electric","name":"Mitsubishi Electric Corporation"}}]}