TOKYO, Mar 10, 2021 – (JCN Newswire) – As announced by the Alliance, MITSUBISHI MOTORS CORPORATION (MMC) has decided to procure two OEM-model vehicles for Europe from an Alliance member, Groupe Renault. MMC will introduce them to selected markets in Europe through its sales network, aiming for 2023. The specific OEM-models and market selection are… Continue reading @Mitsubishi: MITSUBISHI MOTORS to Procure OEM-models from Renault for Europe
Tag: Mitsubishi
Nissan and Mitsubishi to roll out electric minicar for under $18,000
TOKYO — Nissan Motor and Mitsubishi Motors plan to launch an electric minicar as early as next year that will cost consumers less than 2 million yen ($18,400) with subsidies, close to the price of a conventional gasoline car. The alliance partners are jointly developing a so-called kei car with a common platform and battery… Continue reading Nissan and Mitsubishi to roll out electric minicar for under $18,000
Scrappy electric carmakers upend pecking order in auto industry
TOKYO — The accelerating trend to e-mobility will lead to a paradigm shift in the global car market that could radically change the landscape for the industry. Tesla has emerged as the early leader in the high-stakes electric vehicle race, topping the list of EV manufacturers. No Japanese manufacturer is among the top 10. Apple… Continue reading Scrappy electric carmakers upend pecking order in auto industry
WiTricity Raises Additional $18M in Funding
WiTricity, a Watertown, MA-based EV wireless charging company, raised an additional $18m in funding. The round added to its previously announced $34m funding led by Stage 1 Ventures with participation from Air Waves Wireless Electricity and a strategic investment by Mitsubishi Corporation through its U.S. subsidiary, Mitsubishi Corporation (Americas). The extension included investments from Tony Fadell’s Future Shape… Continue reading WiTricity Raises Additional $18M in Funding
Daimler picks banks to help with listing of trucks unit – sources
By Arno Schuetze 2 Min Read FILE PHOTO: A new Daimler AG, FUSO battery-powered eCanter urban delivery truck is unveiled during a news conference in New York City, U.S. September 14, 2017. REUTERS/Brendan McDermid FRANKFURT (Reuters) – Daimler has picked banks to help with the planned listing of its trucks unit that the carmaker seeks… Continue reading Daimler picks banks to help with listing of trucks unit – sources
Chorley Group acquires two new dealerships
Chorley Group has announced the acquisition of 06 Ormskirk Ltd for an undisclosed fee, which includes 06 Vauxhall Ormskirk and 06 Mitsubishi Skelmersdale. Chorley Group who currently operate nine franchises across the North West and employ 250 people locally, confirmed news that the businesses will become part of Chorley Group trading as Chorley Group Vauxhall… Continue reading Chorley Group acquires two new dealerships
Daimler India CV claims it outperformed market in CY2020
Daimler India Commercial Vehicles (DICV) today reported its preliminary results for the calendar year 2020 (as per IFRS accounting standards), showcasing a 3.3% rise in domestic market share (5.8% to 9.1%). Despite the global pandemic and economic downturn, DICV says it “was able to outperform the Indian CV market and emerge from 2020 with significant increases in both… Continue reading Daimler India CV claims it outperformed market in CY2020
China guides its self-driving startups into the fast lane
HONG KONG/ PALO ALTO, U.S. — When AutoX said in December that it had become the first Chinese company to test fully self-driving vehicles on open roads in the country, the result took a back seat to the fact that the test took place at all. The boast of 4-year-old Auto X about its test… Continue reading China guides its self-driving startups into the fast lane
Mitsubishi Motors set to reverse move to withdraw from Europe
Japanese group’s expected U-turn a sign of fresh rifts in alliance with Renault and Nissan Go to Source
@Mitsubishi: MITSUBISHI MOTORS Started Operation of a Rooftop Solar Power System at Its Laemchabang Factory in Thailand
TOKYO, Feb 19, 2021 – (JCN Newswire) – MITSUBISHI MOTORS CORPORATION (MMC) started operation of a 5-megawatt (MW(1)) capacity rooftop solar power system at the Laemchabang Factory of Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), a production and sales company in Thailand. Combined this solar power system with the 2-MW capacity system, which is scheduled to… Continue reading @Mitsubishi: MITSUBISHI MOTORS Started Operation of a Rooftop Solar Power System at Its Laemchabang Factory in Thailand