Taiwan's Foxtron Launches Bria EV for Possible Export
By Reuters | 24 Dec, 2025
Foxtron was created by Foxconn, the world's leading contract manufacturer for iPhones, and Yulon Motor to produce EVs at mass-market prices.
Taiwan's Foxtron Vehicle Technologies, a joint venture between Foxconn and Yulon Motor, launched an electric vehicle model called Bria on Thursday.
Versions of the model will initially be sold at three prices, ranging from around $28,600 to $36,540, Foxtron said, adding that Bria is the first EV model to be made in Taiwan for export globally.
Last week, Foxtron said it would acquire Yulon Motor's Luxgen passenger-car brand for T$787.6 million ($24.95 million), and that it would launch its Model B EV in Taiwan under the Bria brand.
Under the deal, Foxtron acquires 100% of Luxgen, including its five sales subsidiaries, sales outlets and employees, Foxtron said in a statement.
Following the transaction, Foxtron will take operational control, aiming to build a more comprehensive EV value chain in Taiwan, spanning product development, sales and after-sales services.
Foxconn, the world's largest contract manufacturer for iPhones, owns 45.6% of Foxtron and Taiwanese automaker Yulon owns 43.8%.
Foxtron operates a contract design and manufacturing services business model, under which it makes EVs for car brands.
(Reporting by Wen-Yee Lee in Taipei and Eduardo Baptista in Beijing; Editing by William Mallard)
Recent Articles
- China's 618 Shopping Festival Sees Flat E-Commerce Sales from Cautious Shoppers
- Amazon Prime Day to Gauge US Consumer Strain as Focus Shifts to Basics
- China Closing in but US Still Leads in Biotech Innovation
- EV Surge Likely to Cut Oil Demand by Late 2027
- Kunal Shah tapped to Lead Meta's WhatsApp
- AbbVie Bets $10.9 Billion on Apogee in Next-Generation Immunology Growth Push
- Upscale AI Valued at $2 Billion After Funding Extension
- US Authorizes Iranian Oil Sales Amid Talks on Final Peace Deal
- Oil Slips After US-Iran Conclude Talks in Switzerland
- China Targets US Rare Earth and Other Firms with Export Controls
