by Antonella Abbate
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19 June 2025
Australia’s new car market continues its upward trajectory, with a growing influx of automotive brands set to enter the local landscape over the next 12 months. Leading this surge is a clear industry-wide shift towards electrification, as a wave of electric vehicles (EVs) and hybrid options are poised to hit showrooms across the country. At the forefront of this momentum is a notable development from Mitsubishi Motors Corporation. In a bold move to strengthen its EV credentials, Mitsubishi has recently signed a memorandum of understanding (MOU) with Foxtron Vehicle Technologies, a Taiwanese electric vehicle manufacturer backed by tech giant Foxconn. This strategic alliance aims to co-develop and launch a new electric vehicle model tailored specifically for the New Zealand and Australian markets