Foxtron's Luxgen buyout signals push to anchor a homegrown EV ecosystem in Taiwan

Ninelu Tu, Taipei; Jingyue Hsiao, DIGITIMES Asia Monday 22 December 2025 0

Credit: DIGITIMES

Foxtron Inc. has confirmed its acquisition of 100% of Luxgen Motor from Yulon Group for NT$7.876 billion (US$250 million), aiming to solidify its foothold in Taiwan's electric vehicle (EV) market. The deal, announced at a joint press conference on the...

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