Via Mitsubishi Corp., Nissan Could Get Big Electric Car Boost

FEB 22 2018 BY MARK KANE 8

2018 Mitsubishi Outlander PHEV

Nissan (and Renault) are expected to benefit even more than initially anticipated from the acquisition of Mitsubishi Motors Corp. over one year as Mitsubishi opens doors for new partnerships.

2018 Nissan LEAF

Originally, Mitsubishi Motors was connected to Mitsubishi Corp., which is now seeing strong recovery. Mitsubishi Motors says it now intends to increase its share in the company (Mitsubishi Corp.).

The entire alliance could then get a boost from Mitsubishi Corp. if the deepening relationship with Japan’s biggest trading house translates to more access to battery materials like lithium, cobalt, rare-earth metals and more.

Supplying the world’s largest automotive group in electric car manufacturing could be a big boost for Mitsubishi Corp. too.

Seiji Sugiura, an analyst at Tokai Tokyo Research Center in Tokyo, said:

“Via Mitsubishi Motors, it’s likely Mitsubishi Corp. will boost its business relationship with the Nissan alliance,” Sugiura said by email, referring to the partnership between the two Japanese automakers and Renault SA that was fostered under Carlos Ghosn, chairman of all three. “Mitsubishi Corp. could invest in lithium, rare earths and other metals and become a supplier” for the alliance, he said.

The Renault-Nissan-Mitsubishi Alliance sales of plug-in cars nearly hit 120,000 in 2017.

Source: Automotive News

Categories: Mitsubishi, Nissan

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8 Comments on "Via Mitsubishi Corp., Nissan Could Get Big Electric Car Boost"

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Jeff Songster

Mitsubishi also still has some nice assets for the Kei car world and the strategic resources moves seem to confirm for all of us that the big auto makers are finally, actually planning on trying to move grudgingly over to the EV world. The Alliance has been leading this and is now trying to cement it’s position longer term. Good luck to them… We love our LEAF.

G2

Concur!

HVACman

EV heat pumps, for one thing. Mitsubishi Corp was the pioneer in high-efficiency split heat pumps and still sets the standard. Also inverters and motors.

This would be an alliance to partner sub-system design and manufacturing similar to LG and GM.

Terawatt

Ghosn may not be camping on the factory roof, but he is quite possible to take seriously. And seems to be making some good, if careful, strategic moves.

Another Euro point of view

Yes he is shrewd, and when Elon makes fun about BYD cars and lectures Toyota about car manufacturing (!?!), Carlos Ghosn is being chum with Dieter Zetsche, Daimler’s CEO. A lot more clever as one never know what the future will be made of.

Pet

It’s gonna Be Hard to catch him, Carlos is Ghosn.

Martin Winlow

Ching! There goes another rib.

jimjfox

WTF??