Mitsubishi bets big on Philippines with hybrid EVs production push

MANILA, Philippines – The Philippines is set to manufacture its first locally produced hybrid electric vehicles (HEVs) after Mitsubishi Motors Corp. (MMC) announced plans to establish a dedicated production line in its Santa Rosa, Laguna plant. MMC President and Chief Executive Officer Takao Kato relayed the plan during a meeting with President Ferdinand R. Marcos Jr. and Finance Secretary Frederick Go in Malacañang on Monday, signaling strong investor confidence in the Philippine economy. READ: Electric dreams: The EV surge in Cebu   “This is a landmark investment that will redefine the future of our automotive industry. And the even more exciting […]... Keep on reading: Mitsubishi bets big on Philippines with hybrid EVs production push

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