Mitsubishi Motors Corporation (MMC) has proposed three green car projects in Thailand worth 11 billion baht. The carmaker will submit the projects to the country’s Board of Investment (BoI) for local assembly incentives before the end of this year.
This was revealed by deputy prime minister Somkid Jatusripitak, reported by the Bangkok Post. The Thai DPM met MMC CEO Osamu Masuko, Mitsubishi Motors Thailand president and CEO Morikazu Chokki, and other top execs at last week’s debut of the refreshed Triton pick-up truck in Bangkok.
The three green car projects – commonly called “EV projects” in Thailand although they include regular hybrid and plug-in hybrids – consist of manufacturing hybrids, plug-in hybrids and batteries in the Land of Smiles. The PHEV project, which is worth 5 billion baht, will kick off first. Mitsubishi is the second largest car exporter in Thailand after Toyota.
The Outlander PHEV could be the model in question. Earlier this year, MMC released an updated version of the car with a new 2.4 litre range extender engine, higher lithium-ion battery capacity (13.8 kWh) and rear motor output. The refreshed SUV also gets tweaks to its exterior design as well as a minor interior overhaul.
So far, the BoI had approved hybrid incentives for Toyota, and PHEV incentives for Mercedes-Benz, BMW and SAIC Motor (MG). Learn more about Thailand’s green car local assembly incentives here.
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Tepuk2 MAI ..
MAI? The incentive is govt program. It is not MAI jobs.
This means MAI is incompetent because it is their job to convince the Government. Oh btw, MAI is the Government
This will make a handsome P70 instead of maotzetong
Another blow to us. Everybody now opening in Thailand. Why they open in Thailand? Because it is fair play. Foreign companies don’t have to give 30% of their company free away.
Pity Malaysia. Past 20 yrs, we have lost about a trillion ringgit in investments and a few hundred thousand jobs. All went to Thailand.
FDI THB 11 BILLION. Untung Thailand.
Aih!!! I thought after Dr M met the Japs then Mitsubishi will invest in Malaysia?!!? (CRY) (CRY) (CRY)
So much for si MAI boasting Lcly want Malaysia to be EEV Hub, mana mau sembunyi ?? Instead misled us saying petrol cars oso can be calleD EEV