Mitsubishi Drops Ampere Investment, Signals Shift in EV Strategy

Ampere, a Renault subsidiary focused on electric drivetrains and software development, was originally supposed to include two other brands from the Franco-Japanese alliance, but after Nissan withdrew its investment, it looks like the additional money promised will not be forthcoming.

Mitsubishi Drops Ampere Investment, Signals Shift in EV Strategy

Mitsubishi Motors said on Monday it will not proceed with a planned investment of up to €200 million ($225 million) in Ampere, Renault’s electric vehicle (EV) subsidiary, as the Japanese automaker reconsiders its EV strategy. The decision marks a reversal of Mitsubishi’s earlier commitment and follows a similar move by fellow Japanese automaker Nissan, which [...] The post Mitsubishi Drops Ampere Investment, Signals Shift in EV Strategy appeared…

A few weeks ago, Nissan announced that it would not invest in Ampere, Renault's electrical subsidiary. It was now Mitsubishi who also refused. A new blow for the French company. A subsidiary created in 2023 It was necessary to go back to 2023 to see the beginnings of Ampere. Renault had, at the time, launched its brand new subsidiary. It has since all the activities of the group related to electric and connected cars. Renault had set up this dev…

Today's news - After Nissan, Mitsubishi's turn is to leave the table of the electric entity of the Renault group. Without a shareholder other than the diamond, and without the will to introduce to the stock exchange, does Ampère still have any reason to exist?

Mitsubishi will not invest in Ampere, the division of the Renault group dedicated to electric vehicles. At the end of 2023, the Renault group will be able to... L的article This manufacturer will not finally invest in Renault's electric subsidiary appeared first on Automobile Clean.

Mitsubishi has also said no to invest in Renault’s electric car and software initiative, Ampree. A company driven by Luca de Meo that is seeing itself alone in its development, limiting its positive impact on the Group.