Mitsubishi is halting in-house electric vehicle development, citing the prohibitive cost of massive investment for a company of its size. Instead, the automaker will pursue a collaborative approach, leveraging partnerships for future EV designs, including rebadged models from alliance partners like Nissan and Renault. This strategic shift reflects a broader trend among some Japanese automakers reassessing their EV strategies in response to market dynamics and investment challenges.
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Ali NematiWritten by Ali
