Antonella Abbate • 21 April 2022
Member Newsletter - Issue 4

Welcome to Issue 4 of the Member Newsletter
Produced for our Members and Divisions
We hope you enjoy this Newsletter.
We will continue to provide technical information, industry news, IAME updates and benefits.

Australia’s new car market continues its upward trajectory, with a growing influx of automotive brands set to enter the local landscape over the next 12 months. Leading this surge is a clear industry-wide shift towards electrification, as a wave of electric vehicles (EVs) and hybrid options are poised to hit showrooms across the country. At the forefront of this momentum is a notable development from Mitsubishi Motors Corporation. In a bold move to strengthen its EV credentials, Mitsubishi has recently signed a memorandum of understanding (MOU) with Foxtron Vehicle Technologies, a Taiwanese electric vehicle manufacturer backed by tech giant Foxconn. This strategic alliance aims to co-develop and launch a new electric vehicle model tailored specifically for the New Zealand and Australian markets