Mitsubishi's "Challenge 2025" mid-term business plan includes the launch of five xEVs

11 March 2023, 00:18:59

Mitshubishi has announced its mid-term business plan dubbed "Challenge 2025". It is part of its long-term road map, which includes leaving out ICE vehicles by 2030 and producing mainly BEVs by 2035. The "Challenge 2025" plan is focused on expanding the product mix of the brand with HEV, PHEV, and BEV models. Over the next five years, Mitshubishi will roll out 16 models. Of those, 9 will be xEV models. The BEVs will be four - a pickup truck, a two-row SUV, and two BEVs made under the Renault-Nissan-Mitsubishi Alliance. The plan also includes an investment of 210 billion yen by 2030 for 15 GWh of battery procurement.

News related to Mitsubishi

Following approval by the Boards of Directors of Renault and Nissan, the Renault-Nissan-Mitsubishi Alliance today announced new initiatives to take their partnership to the next level. A year after defining the Alliance roadmap towards 2030, the companies announce consideration of new key projects in Latin America, India, and Europe. Here we will outline only those related to EVs. In Latin America and India, the...

6 February 2023

Mitsubishi announced that the all-new eK X EV (pronounced "eK 'cross' EV"), an all-electric kei-car, will go on sale at sales in Japan this summer. The eK X EV is a new electric vehicle (EV) to join the eK X series, Mitsubishi Motors' kei-car series with an SUV flavor, and offers a driving range sufficient for everyday use5 at an affordable price. The new model features a spacious, pleasant cabin and...

23 May 2022

Renault, Nissan, and Mitsubishi, the members of one of the world’s leading automotive alliances, today announced common projects and actions to accelerate and to shape their shared future towards 2030, focusing on the mobility value chain. The Alliance has defined a common 2030 roadmap on pure-EV and Intelligent & Connected mobility, sharing investments for the benefits of its three-member companies and their...

27 January 2022

Among all other things, Mitshubishi Motors will exhibit the K-EV concept X Style at the Tokyo Auto Salon 2022. The K-EV concept X Style4 is a new generation all-electric Kei-car with Mitsubishi Motors-ness, which combines safety, security, and comfort, as well as environmental-friendliness. It fuses the maneuverability of a Kei-car with smooth yet powerful acceleration and high-quality ride comfort of an EV while...

12 January 2022

Mitsubishi Motors Corporation will reveal a Kei EV concept at the Tokyo Auto Salon 2022, which will be held from January 14 to 16 next year. The kei EV concept is a new generation all-electric kei-car with Mitsubishi Motors-ness, founded on safety, security and comfort, as well as environmental-friendliness. It combines the easy handling and practical size of a kei-car with the smooth yet powerful road performance...

21 December 2021

Mitsubishi Electric Corporation announced today that it has developed a new concept car, the EMIRAI xS Drive, equipped with near-infrared cameras and radio-wave sensors to monitor the driver and passengers and an Advanced Driver Assistance System (ADAS) to provide adaptive control of the headlights, both of which help to avoid traffic accidents. The new concept car will be exhibited at CES 2022 from this coming...

20 December 2021

Mitsubishi Motors together with GAC Mitsubishi Motors teased the all-new electric SUV AIRTREK at Auto Shanghai 2021. The all-new AIRTREK is based on the concept of an "e-cruising SUV" founded on three keywords: "Electric (electric vehicle)," "Expanding (expanding life's pleasures with a car)" and "Expressive (expressing the uniqueness of Mitsubishi Motors)." It generates an image of advanced sophistication fit for...

20 April 2021

Enevate is a company that develops a fast charging tech for EV batteries. Backed by Renault-Nissan-Mitsubishi via Alliance Ventures since November 2018, it now unveils its 4th generation of fast-charging battery tech. More specifically, Enevate's solution delivers "extreme fast charging with high energy density and at lower material cost than conventional Li-ion batteries, while being compatible with existing...

15 January 2020

Аlliance Ventures is the strategic venture capital arm of Renault-Nissan-Mitsubishi. It has just announced an investment in The Mobility House, a technology company based in Germany, Switzerland and California's Silicon Valley, that provides a platform for integrating vehicle batteries into power grids using intelligent charging, energy and storage solutions. This is the 12th investment of the group in start-ups...

27 June 2019

Today, Renault and Nissan on one hand and Waymo on the other have signed an exclusive agreement for an initial period to explore all aspects of driverless mobility services for passengers and deliveries in France and Japan. The three companies will asses market opportunities and research commercial, legal and regulatory issues related to the matter in France and Japan. This analysis may expand to other countries in...

20 June 2019

Nissan and Renault have teamed up in Shanghai, China by establishing a joint venture. Each of the two parties will hold 50% stake in the company which has a total registered capital of 55 million yuan. Its business scope includes cars, research and development of energy vehicles, smart car software and parts. The joint venture between Nissan and Renault in China is called Ariane Automotive R&D (Shanghai) Co., Ltd...

12 February 2019