Tag: Mitsubishi

Hyosung Expects to Upgrade National Competitive Edge in Carbon Fiber Industry through Its Carbon Fiber

Carbon fiber is seen as a ‘dream material’ that can change the paradigm of various industries as it can replace steel due to its characteristics of being light but strong at the same time. It is one of few materials that South Korean companies are highly dependent on Japanese companies. Hyosung became the first South… Continue reading Hyosung Expects to Upgrade National Competitive Edge in Carbon Fiber Industry through Its Carbon Fiber

Rivian might build upcoming Ford electric SUV

Rivian could be entrusted to build an upcoming Ford electric SUV—due within the next few years—at the startup’s former Mitsubishi assembly plant in Normal, Illinois.

“It would be counterproductive for us to try and make what they have capacity to do in the beginning here, because they've got a factory in Illinois that meets a lot of our criteria,” Ford CEO Jim Hackett told MotorTrend, in a story published Tuesday.

That's a departure from what was announced in April, with the formation of a strategic partnership between the two companies. At that time, Ford said that it will build an all-new battery electric vehicle using Rivian’s flexible skateboard platform, and that the companies would develop this next-generation vehicle together.

Rivian R1T, R1S chassis

The Ford truck project, which is now sounding more like an electric SUV than an electric pickup, will leave much to Rivian. It's due to share all of Rivian’s core components, such as its battery pack, power electronics, electric motors, and electronic architecture, but Ford will develop what sometimes in industry terms is called a top hat—a different or fully differentiated body that fits onto the skateboard, with all the key technical components shared.

Ford may have a little more influence in Rivian’s platform as it moves toward production, however—and potentially, many more models. The partnership was spearheaded by a $500 million minority investment from Ford, and under that, Ford President of Global Operations Joe Hinrichs was given a seat on the Rivian board.

Ford emphasized that the deal doesn’t affect its existing $11 billion investment toward electric and electrified vehicles, including the upcoming Mustang-inspired electric crossover, which is due to arrive next year, or work on a fully electric version of the Ford F-150 pickup.

The Rivian R1T pickup is due to arrive in late 2020, with the R1S SUV to follow in 2021—and the Ford product after that.

Mitsubishi Motors Reports June 2019 Sales

June sales of the distinctively designed Eclipse Cross more than doubled year-over-year. Mitsubishi’s seven-passenger Outlander continued to perform well; June sales were up 52.5% year-over-year and calendar year-to-date sales were up 8.9%. 2019 remains the brand’s best calendar year-to-date sales since 2004. MMNA announced earlier this month it would relocate its national headquarters to Franklin,… Continue reading Mitsubishi Motors Reports June 2019 Sales

Mitsubishi Motors to Introduce its Customers to a New Energy Plan by MC Retail Energy

TOKYO, Aug 8, 2019 – (JCN Newswire) – Mitsubishi Motors Corporation (MMC) will be offering its customers a low-price electric car charging plan that MC Retail Energy Co., Ltd. (MCRE) will launch on October 1, 2019, at some MMC affiliated dealers in Japan. This plan will allow unlimited charging of electric vehicles during certain hours past midnight on a… Continue reading Mitsubishi Motors to Introduce its Customers to a New Energy Plan by MC Retail Energy

Avtovaz resumes production after three-week holidays

MOSCOW, August 12. /TASS/. Avtovaz resumed operations after the three-week corporate vacation, the Russian automaker’s press service told TASS.
“Yes, Togliatti and Lada Izhevsk got back [from vacation – TASS],” the press service said.
Scheduled upgrade and required repair activities continued at enterprises of the Avtovaz Group during the vacation period from July 22 to August 11.
Avtovaz increased Lada car sales on the Russian market by 2.2% year-on-year in January -July 2019, the company reported. Lada sales in July 2019 rose 0.3% annually to 29,500 cars, Avtovaz said.
Avtovaz is the Russia’s largest carmaker, with over 560,000 vehicles produced in 2018. The Avtovaz Group is part of the Renault-Nissan-Mitsubishi alliance.

IR Site Disclaimer

On this site, within Mitsubishi Motors’ outlook for plans, strategies, convictions and achievements that are not historical facts are the futureprospects. These future prospects are based on the expectations, anticipations, outlooks and predictions that are obtainable at present. These expectations, anticipations, outlooks and predictions include risks, undecided elements and assumptions, and may differ extremely from… Continue reading IR Site Disclaimer

In Flins, Renault employees are worried about the relocation of the Clio

What future for Flins? In this factory Renault Yvelines on the banks of the Seine, the question is in everyone’s mind. Since the 4,500 employees of the site have learned six months ago that the assembly of the new Clio would be relocated to Turkey and Slovenia , They are worried. Because they do not… Continue reading In Flins, Renault employees are worried about the relocation of the Clio

25 Jul 2019 A milestone in electric mobility: GKN Automotive supplies ONE …

GKN Automotive has five semi-integrated two-in-one and three-in-one eDrive series production projects underway in China and Europe for volume OEMs GKN Automotive boasts 17 years’ experience in eDrive development, integration and global production Integrated eDrive systems manufactured at sites in Europe, China and Japan, with recent investments increasing global capacity The world’s leading supplier of… Continue reading 25 Jul 2019 A milestone in electric mobility: GKN Automotive supplies ONE …

Cycle & Carriage Singapore enters car leasing business, forms fleet partnership with Gojek

AUTOMOTIVE group Cycle & Carriage Singapore on Thursday said it has entered the car leasing business through the formation of a new unit wholly owned by parent company Jardine Cycle & Carriage (Jardine C&C).The new unit, Cycle & Carriage Leasing, will provide various leasing options from daily rentals to long-term car rentals of up to three years, and will also be available to private hire drivers.Cycle & Carriage Leasing’s fleet will consist mainly of brands represented by Cycle & Carriage Singapore – namely Kia Cerato, Kia Stonic, Kia Niro Hybrid as well as Mitsubishi Attrage.