Mitsubishi takes stake in Ampere

After Nissan, Mitsubishi Motors also announced its participation in Renault's electric car division Ampere. The Japanese will invest a maximum of 200 million euros.

Image: Mitsubishi

Mitsubishi Motors calls it “an ambitious step forward” in its EV strategy. Nissan previously announced that it would invest up to 600 million euros in Ampere. As reported, the spin-off of the Renault Group’s EV business will take place on 1 November 2023, and the IPO is scheduled for spring 2024.

Mitsubishi announced its EV strategy in March, committing to developing EVs only and strengthening its cooperation with its alliance members.

“Through this initiative, Mitsubishi Motors aims to further improve its EV development technology and expand its EV line-up. As a first step of this collaboration, Ampere will supply an EV on an OEM basis in the European market,” the Japanese company states. However, it does not provide information on Mitsubishi’s European electric model. It could be a new electric version of the small car Colt, which could take over the basis from the upcoming Renault 5 and the Nissan counterpart (which might be called Micra again).

In the aforementioned midterm plan, the carmaker announced its intention to launch nine electric and hybrid models by 2028. Among them are the Hybrid ASX (based on the Renault Captur), the Colt, two unspecified “Alliance BEVs”, an electric pickup and a five-seat electric SUV.


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