Mitsubishi Motors to electrify 100% of its fleet by 2035 – Yomiuri

FILE PHOTO: A man walks into a showroom of Mitsubishi Motors Corp at company headquarters in Tokyo, Japan October 18, 2017. REUTERS/Kim Kyung-Hoon


TOKYO (Reuters) – Japanese carmaker Mitsubishi Motors (OTC:MMTOF) Corp plans to electrify 100% of its fleet by 2035 through active introduction of hybrid and electric vehicles (EV), the Yomiuri Shimbun daily said on Friday.

Mitsubishi is a junior member of the partnership of French carmaker Renault SA (OTC:RNLSY) and Nissan (OTC:NSANY) Motor Co, which last month announced a deal to redesign their alliance..

Mitsubishi had previously said it would have 50% of its fleet electrified by 2030, a goal the Yomiuri said would remain unchanged, with emphasis then being on pushing forward with electrification over the next five years.

Mitsubishi also plans on introducing EVs in Europe, it added, saying the company would make an announcement about its plans soon.

The company, which is scheduled to hold a news conference later on Friday, declined to comment when asked about the report.


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