Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced today its investment in Ampere, an EV and software company to be established by the Renault Group.
For Mitsubishi Motors, the investment comes as an ambitious step forward in its mid-term management plan announced in March 2023, where Mitsubishi Motors committed to the development of electric vehicles and to strengthen cooperation with its Alliance members toward the acceleration phase of electrification. The maximum investment in Ampere will be 200 million euros.
Through this initiative, Mitsubishi Motors aims to further improve its EV development technology and to expand its line-up of EV. As a first step of this collaboration, Ampere will supply an EV on an OEM basis in the European market.
SOURCE: Mitsubishi Motors