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Mitsubishi Invests USD470m in Thailand EV Production Hub
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Mitsubishi Invests USD470m in Thailand EV Production Hub
Mitsubishi Motors is not slowing down its expansion plans and has announced its move to invest an additional 16 billion Thai baht (approximately USD470 million) in Thailand by 2030 to upgrade its existing local production base into a hub for manufacturing and exporting electrified vehicles. The plan was announced on July 24 by Takao Kato, Chairman and CEO of Mitsubishi Motors, during a meeting with Thailand’s Prime Minister. The investment will …
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