MITSUBISHI MOTORS Announces Large-Scale Investment in Mizushima Plant


Reading time ( words)

MITSUBISHI MOTORS CORPORATION (MMC) announces that it will invest for production of new electric Kei-cars at Mizushima Plant in Kurashiki city, Okayama Prefecture starting from August 2020. This investment will be approximately JPY 8 billion.

MMC is considering of developing the new electric Kei-car jointly with Nissan Motor Co., Ltd. (Nissan), an Alliance partner, and the vehicle is planned to be manufactured at Mizushima Plant. The investment will be made in:

  1. The establishment of assembly and inspection equipment for the drive battery, which will be newly adopted,
  2. The expansion of stamping, welding and painting assembly facilities following a shift to in-house production of drive battery cases, and
  3. The line expansion for manufacturing EV platforms.

Leveraging the grants from Okayama Prefecture, MMC is going to establish production capabilities by this investment, which will be partly borne by Nissan.

MMC continues its efforts in promoting electric vehicles collaborating with municipalities in Okayama Prefecture and the Renault-Nissan-Mitsubishi Alliance.

Share

Print


Suggested Items

Burt Rutan’s Keynote: SpaceShipOne

03/02/2020 | Pete Starkey, I-Connect007
In this video clip from his presentation, Burt Rutan discusses some of his aircraft’s revolutionary flights that drew the most public attention, including SpaceShipOne, which flew three of the five manned space flights launched by man in 2004. He also explains the benefits of working with Microsoft’s Paul Allen, who agreed to fund SpaceShipOne based on a simple handshake.

Uncertainties in the Market Rise while a Bounce in NAND Flash Prices Remains Unlikely in 3Q

06/20/2019 | TrendForce
According to the latest investigations by DRAMeXchange, a division of TrendForce, demand for smartphones and servers go below expected levels in 2019 as the US-China trade dispute heats up.

NASA Awards Artemis Contract for Lunar Gateway Power, Propulsion

05/27/2019 | NASA
In one of the first steps of the agency’s Artemis lunar exploration plans, NASA announced the selection of Maxar Technologies, formerly SSL, in Westminster, Colorado, to develop and demonstrate power, propulsion and communications capabilities for NASA’s lunar Gateway.



Copyright © 2020 I-Connect007. All rights reserved.