Connected Car
Mitsubishi Motors has recently announced its ambitious plans to have hybrid and battery electric vehicles account for all new vehicle sales by the middle of the following decade. Mitsubishi Goes All-Electric in 2030The company hopes to remain competitive in key markets by beefing up its electrification strategy. In the next few years, Mitsubishi expects electrified vehicles, which include plug-in hybrids (PHEV), hybrid electric vehicles, and battery electric vehicles (BEV), to account for approximately 7% of total new car sales. Mitsubishi Motors also wants to boost its R&D and capital expenditures, including investments in electrification and IT. More About Mitsubishi's EV GoalsAs stated previously, Mitsubishi plans to introduce 16 new models in the span of five years.