Rebounding Mitsubishi Motors to invest more than $10 billion in electric vehicles, hybrids and EV batteries

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Mitsubishi’s new electrification plan calls for investing between $10.26 billion to $13.19 billion in r&d and facilities for electrification through March 31, 2026. It will partly fund the rollout of nine new electrified models, including battery-electrics, hybrids and plug-in hybrids, over the next five years.

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