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Foxtron acquires Yulon Motor’s Luxgen brand for NT$787.6 million to enhance EV production.
Dec 25, 2025•6 months ago
Contract Type
contract
TaiwanManufacturingAutomotive
Description
Foxtron Vehicle Technologies has completed the acquisition of Yulon Motor’s Luxgen passenger-car brand for NT$787.6 million. This move will allow Foxtron to take operational control and build a more comprehensive EV value chain in Taiwan.
Company Information
Company
Foxtron Vehicle Technologies
Location
Taiwan
About
Foxtron Vehicle Technologies is a joint venture between Foxconn and Yulon Motor. The company focuses on the design and manufacturing of electric vehicles (EVs). Foxtron aims to expand its operations into overseas markets. The company also plans to enhance its EV value chain in Taiwan.
Predictive Intelligence
Strategic
ML-powered predictions for Foxtron Vehicle Technologies's next move
TaiwanManufacturingAutomotive