Mitsubishi invests in EV industry in Thailand and Philippines

Mitsubishi will invest THB 16 billion (about AUD 681 million) in Thailand's electric‑vehicle sector through 2030, aiming to develop EV technology, make the country a manufacturing hub for models such as the Pajero and its electric version, and cooperate with Chinese partners to expand local production, smart‑driving features and worker training.

In the Philippines, President Ferdinand Marcos Jr. signed an executive order establishing the "Electric Vehicle Incentive Strategy" with up to 600 billion pesos (≈US 9.7 bn) in subsidies for locally built EVs. Mitsubishi Motors Philippines pledged to invest 70 billion pesos to produce hybrid vehicles under the scheme, supporting the country's push for domestic EV manufacturing.