Foxtron to Open EU Factory With ElectroMobility Poland; Luxgen Acquisition Helps Turnaround

Foxtron, the electric vehicle manufacturing joint venture of Taiwanese global contract manufacturer Foxconn and carmaker Yulon, is gearing up for a major push into Europe. The move comes against a re-evaluation of the company’s US strategy in light of recent regulatory changes, tariff imposition, and the elimination of EV subsidies. Foxtron chairman Andy Lee has confirmed that the company is focusing on Europe due to its market opportunity and more attractive regulatory environment, as per Digitimes Asia.

Following international speculation, Polish Prime Minister Donald Tusk announced last week that Foxtron will set up an EV factory jointly with Electromobility Poland (EMP). It is projected to begin operations in 2029, with the capacity to scale up to 400,000 units manufactured per year. The project will leverage local suppliers and will grow to include battery and electric drive assembly facilities, body and paint shops, and also R&D and software development units. Three models will initially be launched under a new local brand.

Expanding into foreign markets will also help Foxtron scale up its R&D efforts, as the domestic market in Taiwan is limited. The EU has been steadily promoting a shift towards EVs and low-emission vehicles.

According to Lee, Foxtron’s experience with massive-scale global supply chains and its existing modular platforms will help it develop customised models for specific markets quicker than competitors. However, it has not yet had much success with overseas expansion plans.

The company, which was rumoured to be in talks to acquire Nissan last year, is also set to begin shipping right-hand-drive vehicles to Australia and New Zealand in Q4 2026, as part of its recent agreement with Mitsubishi Motors.

Foxtron financial results

Foxtron announced its latest financial results this week, including a 58 percent YoY rise in May revenue, at NT$ 540 million (approximately ₹160.09 crore) following the launch of its mass-market Bria EV in February this year, with 1,388 units shipped. The upcoming Cavira SUV has already received 1,000 pre-bookings. A new electric bus manufacturing facility in Taiwan began trial operations in May, and will commence full production in the second half of 2026.

However, this comes after the company reported NT$ 819 million (approximately ₹242.8 crore) in revenue for Q1 2026, a YoY decline of 53.3 percent, which it attributed primarily to a gap in its product offerings prior to the availability of the Bria. Foxconn announced a takeover of Taiwanese brand Luxgen in April this year, transitioning from a contract manufacturer to a customer-facing brand. As part of the change, the Luxgen n7 crossover SUV will be replaced by its own-branded Cavira.

There is no word on any potential India entry for the Taiwanese brand, even though parent company Foxconn has previously been reported to working on expanding its operations in India to include EV and battery manufacturing, with a ₹15,000 crore commitment to Tamil Nadu late 2025.