Fuso Bus Company Ltd, a new joint venture between Japan’s Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Taiwan’s Hon Hai Precision Industry Company Ltd (Foxconn), is scheduled to formally commence operations on the 2 November 2026, pending the completion of legal formalities between the two companies.
The new company, renamed from Mitsubishi Fuso Bus Manufacturing Company Ltd (MFBMC), will retain the existing company’s headquarters in Kawasaki City, in Japan’s Kanagawa Prefecture, and continue to make the Rosa medium-duty ICE bus.
MFTBC confirmed that Fuso Bus Company will focus on the development, manufacture, sale, and after-sales servicing of internal combustion engine (ICE) and zero-emission vehicle (ZEV) buses for the domestic and international markets.
Foxconn is reported to have paid over US$ 60 million for its stake in MFTBC’s bus subsidiary, and has agreed to make available its electric vehicle technologies to help the company expand into the ZEV segment. New BEV bus models are scheduled to be released in 2027.
Fuso Bus will be led by CEO Katsuto Kora, currently the head of MFBMC and chairman of MFTBC, while Junichi Yamamoto has been promoted to the position of chief financial officer from his role as senior manager at MFBMC. A further five non-executive directors have been appointed from both shareholder companies.
Foxconn has agreed separately to pay JPY 115 billion (US$ 728 million) to acquire a 50% stake in Mitsubishi Electric Mobility Corporation, the EV powertrain and chassis systems manufacturing business spun off from Mitsubishi Electric Corporation.
