Mitsubishi To Invest $5.35 Billion To Develop EVs, Boost Output In Asia

By Mark Kane Bring on the plug-in hybrid SUVs! Mitsubishi Motors, now acquired by Nissan (and also now part of the Renault-Nissan-Mitsubishi Alliance), apparently finds itself flush with cash, and intends to increase its R&D to more than 600 billion yen ($5.35 billion) over the next three years. The Japanese company now intends… …read more

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