Mitsubishi Motors Corp. plans to ask electronics giant Foxconn to produce its electric vehicles as part of efforts to cut production costs, sources familiar with the matter said Thursday, as the Taiwanese firm is seeking a foothold in the EV market amid competition with Chinese companies.The Tokyo-based automaker is expected to announce its plan with Foxconn, formally known as Hon Hai Precision Industry Co., in the coming weeks at the earliest, the sources said.Foxconn has been keen on partnerships with two other Japanese automakers -- Nissan Motor Co. and Honda Motor Co. -- and attention i…READ FULL ARTICLE
