Oct 25, 2023 14:35 JST

Source: Mitsubishi Motors

Mitsubishi Motors to Invest in Ampere, Renault Group's New EV & Software Company

TOKYO, Oct 25, 2023 - (JCN Newswire) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced today its investment in Ampere, an EV and software company to be established by the Renault Group. 

For Mitsubishi Motors, the investment comes as an ambitious step forward in its mid-term management plan announced in March 2023, where Mitsubishi Motors committed to the development of electric vehicles and to strengthen cooperation with its Alliance members toward the acceleration phase of electrification. The maximum investment in Ampere will be 200 million euros. 

Through this initiative, Mitsubishi Motors aims to further improve its EV development technology and to expand its line-up of EV. As a first step of this collaboration, Ampere will supply an EV on an OEM basis in the European market. 

About Mitsubishi Motors 

Mitsubishi Motors Corporation (TSE:7211) —a member of the Alliance with Renault and Nissan—, is a global automobile company based in Tokyo, Japan, which has about 30,000 employees and a global footprint with production facilities around the world. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification—launched the i-MiEV –the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV –the world's first plug-in hybrid electric SUV in 2013. For more information on Mitsubishi Motors, please visit the company's website at https://www.mitsubishi-motors.com/en/

Source: Mitsubishi Motors
Sectors: EVs, Transportation

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


All-New Triton Wins Special Award at the RJC Car of the Year for 2025
November 12 2024 21:09 JST
 
Mitsubishi Motors Acquires Its Own Shares from Nissan
November 07 2024 16:20 JST
 
All-New Triton Wins Golden Award at VMARK Vietnam Design Awards 2024
November 01 2024 11:43 JST
 
All-New Triton Wins Golden Award at VMARK Vietnam Design Awards 2024
October 31 2024 15:08 JST
 
Launch of Japan's First EV Smart-charging Service Using Connected Technologies
October 10 2024 17:19 JST
 
Mitsubishi Motors Holds Ceremony to Celebrate the 30th Anniversary
October 10 2024 15:41 JST
 
Mitsubishi Ralliart's Triton Finishes in Fifth Place Overall in Asia Cross Country Rally 2024: Team Determined to Make a Comeback Next Year
August 21 2024 12:49 JST
 
Team Mitsubishi Ralliart Conducts Shakedown Ahead of Asia Cross Country Rally 2024: All Preparations in Place to Reclaim the Title After Two Years
August 08 2024 13:36 JST
 
Nissan, Honda and Mitsubishi Motors sign MOU on strategic partnership
August 01 2024 16:33 JST
 
Mitsubishi Motors Added to FTSE4Good Index Series, FTSE Blossom Japan Index and FTSE Blossom Japan Sector Relative Index for Consecutive Years
June 26 2024 10:07 JST
 
More Press release >>

Latest Press Release


More Latest Release >>