❌

Reading view

Foxconn pays $727M for half of Mitsubishi Electric’s car parts unit in EV push

Foxconn is buying half of Mitsubishi Electric’s auto parts business for ¥115 billion ($727 million), its biggest bet yet on turning years of EV promises into a real car business.

But the target, Mitsubishi Electric Mobility, isn’t an EV company. It’s a traditional Tier 1 supplier that makes everything from alternators and ignition coils to radar sensors, with a smaller electric powertrain business attached.

more…
  •  

Mitsubishi joins the humanoid robot race — at a 1,000 unit per month pace

Mitsubishi is joining the rapidly growing ranks of robot builders, with plans to build up to 1,000 of its Highlanders humanoid robots per month at one of the automaker’s ICE engine plants in Kyoto – and if the plan comes together, the automaker could begin mass-producing its new worker-bots as early as next year.

  •  

Mitsubishi’s ‘all-new’ Eclipse Sportback EV is a rebadged Nissan Leaf

Mitsubishi is bringing a fully electric vehicle back to North America for the first time in over a decade, and it’s calling the 2027 Eclipse Sportback EV “all-new.”

It isn’t. The Eclipse Sportback is a rebadged next-generation Nissan Leaf, sourced from Mitsubishi’s Alliance partner and reskinned with new bumpers and lights.

  •  
❌