Yulon Motor and Mitsubishi are collaborating to develop electric vehicles and plan to expand into the Australian and New Zealand markets by 2026.
Yulon Motor, facing a weak domestic car market and declining revenue, is implementing a diversification strategy that encompasses areas like smart manufacturing. Recently, Yulon partnered with Japan's Mitsubishi Motors and Foxtron Advanced Technology, a subsidiary of Foxconn, to roll out OEM electric vehicles in Australia and New Zealand by the latter half of 2026. This partnership extends Yulon's long-standing relationship with Mitsubishi and demonstrates its prowess in electric vehicle production and international contract manufacturing, bringing fresh momentum to Taiwan's automotive industry.
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Yulon Motor and Mitsubishi are collaborating to develop electric vehicles and plan to expand into the Australian and New Zealand markets by 2026.
Yulon Motor, facing a weak domestic car market and declining revenue, is implementing a diversification strategy that encompasses areas like smart manufacturing. Recently, Yulon partnered with Japan's Mitsubishi Motors and Foxtron Advanced Technology, a subsidiary of Foxconn, to roll out OEM electric vehicles in Australia and New Zealand by the latter half of 2026. This partnership extends Yulon's long-standing relationship with Mitsubishi and demonstrates its prowess in electric vehicle production and international contract manufacturing, bringing fresh momentum to Taiwan's automotive industry.
Diversified Operations: From Automobile Manufacturing to Social Engagement
In recent years, the Yulon Group has actively promoted diversified operations, emphasizing the core concept of "People, Cars, Life," extending its business reach to various areas such as transportation services, environmental sustainability, sports culture, and smart manufacturing.
In terms of social responsibility, since 2019, Yulon has been promoting the "Southern Happiness Wheel" project, providing free medical transportation services to rural areas. By 2024, it had served 29,005 people and traveled over 1.4 million kilometers. Additionally, since 2022, Yulon has been involved in the "Yumiao Hill" project to restore native seedlings, having nurtured 4,361 plants to date, and has established campus tree islands in three schools in Miaoli and Taichung to promote ecological education.
In corporate governance, Yulon has ranked in the top 5% of corporate governance evaluations for 11 consecutive years and introduced the ISO 27001 information security management system in 2023 to strengthen information security risk management. Its performance in ESG practices has also been recognized, winning the "ESG Corporate Sustainability Award - Comprehensive Performance Award" from Global Views for two consecutive years.
Collaboration with Mitsubishi: Continuing Partnership, Entering International Markets
Yulon's partnership with Mitsubishi Motors dates back to the 1990s when they collaborated to develop the Freeca commercial vehicle, successfully exporting it to the Southeast Asian market. This time, they are focusing on the electric vehicle sector.
In May 2025, Japan's Mitsubishi Motors announced the signing of a Memorandum of Understanding (MOU) with Hua-Hwa Advanced, under which Hua-Hwa Advanced will develop an OEM electric vehicle, and Yulon Motor's Sanyi plant will be responsible for production. The model is expected to be launched in Australia and New Zealand in the second half of 2026, sold under the Mitsubishi brand.
This collaboration adopts Hua-Hwa Advanced's CDMS (Contract Design and Manufacturing Service) model, where Hua-Hwa Advanced completes about 80% of the design and manufacturing management work, and the car manufacturer client is responsible for the remaining 20% of operations. Yulon Motor, as the full vehicle manufacturer, is responsible for mass-producing the electric vehicle.
According to public information, the model is likely to be Luxgen's second electric vehicle, Model B. Model B is a compact crossover SUV with dimensions of 4,320x1,865x1,530mm, a wheelbase of 2,800mm, featuring Level 2 or higher autonomous driving capabilities and V2L external power supply capability. The model is expected to begin mass production in Taiwan in the fourth quarter of 2025, offering both left-hand and right-hand drive versions to meet different market demands.
Yulon Sanyi Plant: Taiwan's Electric Vehicle Manufacturing Hub
The Yulon Sanyi plant is the production base for this collaboration and is currently the only full vehicle manufacturing plant in Taiwan with mass production experience in electric vehicles, having produced over 10,000 units. The plant is currently mass-producing the Luxgen n7 electric vehicle and is simultaneously setting up the production line for Model B.
Yulon stated that through collaboration with Hua-Hwa Advanced, it will integrate domestic electric vehicle production resources, enhancing production capacity utilization and economic efficiency. The collaboration with Mitsubishi also helps solidify its position in the international OEM market and creates more export opportunities for Taiwan's automotive industry.
Diverse Brands and Cross-Domain Integration: Yulon's Strategic Layout
In addition to its core automotive business, the Yulon Group is actively developing other business systems, including the Yulon City retail channel, Yulon Financial's services, and sports culture promotion. The Yulon basketball team recently achieved a three-time championship in the SBL Super Basketball League, with Group CEO Lily Yen personally attending to celebrate, symbolizing the extension of corporate culture and team spirit.
In the new energy vehicle sector, Yulon continues to promote the electric vehicle layout of its independent brand LUXGEN and, through its joint venture with Hon Hai, Hua-Hwa Advanced, is building an open platform to attract international car manufacturers for collaboration. The collaboration with Mitsubishi is a concrete result of this platform successfully securing international orders.
Additionally, Yulon emphasizes its continued commitment to smart manufacturing and carbon-neutral transformation, using data-driven approaches to enhance corporate governance and operational efficiency, demonstrating its long-term commitment to corporate sustainability and industrial innovation.
