Mitsubishi Motors to pour $470m into Thailand for electrified vehicles

AutomobilesJapanese automaker to augment major overseas production and export hubThailand's government sees electric vehicles as key to the country's long-term growth strategy. (Photo by Suzu Takahashi)SHOTA MANDAJuly 24, 2026 23:54 JSTBANGKOK -- Mitsubishi Motors plans to invest an additional 16 billion baht ($470 million) in Thailand by 2030, with an aim to turn existing operations here into a production and export hub for electrified vehicles.