TOKYO -- Shares in Mitsubishi Motors rose significantly on Friday following Nikkei Asia's news that Taiwanese electronics manufacturer Foxconn is finalizing a deal to collaborate with the company on electric vehicles, in what could be the latest in a series of partnership initiatives by Japanese automakers to boost their electrification plans.
Mitsubishi's shares hit 465.8 yen at one point in the morning, up 21.4 yen, or 4.8%, compared with the previous day's closing. The shares ended the day at 443.1, off 0.3%.
