January 15, 2018 — Mitsubishi Motors Corporation has signed a Memorandum of Understanding with the government of Vietnam under which they plan to explore how best to promote the use of electric vehicles (EVs) in the country.
Mitsubishi Motors will work with the Ministry of Industry and Trade (MOIT) to conduct a joint study of efficient EV usage and the public policy programs and incentives that could support the accelerated adoption of sustainable automotive technology. An Outlander PHEV, a Mitsubishi Motors’ market-leading plug-in hybrid EV, and one unit of quick battery charger have been delivered to the government as part of the agreement. The announcement took place during a ceremony at the MOIT headquarters in Hanoi today, attended by the MOIT, and government officials.
Commenting on the MOU, Mr. Truong Thanh Hoai, Director General of Industry Department of MOIT said: “We are delighted to conclude the MOU with Mitsubishi Motors as our important partner. This joint study is very important milestone to promote its transition of a low carbon economy.”
Mr. Kozo Shiraji, Mitsubishi Motors’ executive vice president, said:
“We are very pleased to be able to work with the Vietnamese government to embrace cleaner automotive fuels. We look forward to sharing Mitsubishi Motor’s pioneering expertise in electric vehicles and exploring how government policy can support the adoption of this transformative technology.
“This important initiative demonstrates Mitsubishi Motors’ strong commitment to accelerating the adoption of sustainable automotive technologies across rapidly developing markets such as Vietnam. We hope to make a great contribution towards the environmental conservation of Vietnam.”
Vietnam is seeking ways to reduce CO2 emissions and to produce cleaner air and greener cities. Mitsubishi Motors is considering another joint EV study in other cities in Vietnam as a test bed for environmentally conscious policies. Since Mitsubishi Motors first entered Vietnam in 1994, the company has been committed to the development of the domestic auto market, and this Memorandum of Understanding represents the latest important milestone.
Mitsubishi Motors, a global leader in plug-in hybrid EVs, continues to work to expand the use of EVs across the ASEAN region and support its transition to a low carbon economy.
|About Mitsubishi Motors Corporation
Mitsubishi Motors is a Japanese automobile company which has a competitive edge in light trucks (pick-up trucks and SUVs) and in the ASEAN region. The company launched the first mass-produced electric vehicle in 2009, which was followed with a plug-in hybrid EV-based SUV in 2013. Mitsubishi, which has 30,000 employees, has a global footprint and has production facilities in Japan, Thailand, China, Indonesia, The Philippines and Russia. Models such as the Pajero Sport, Triton and Outlander play a major role in achieving its growth. Global sales volume in fiscal year 2016 was 926,000 units. Mitsubishi’s net sales for fiscal year 2016 were 1.9 trillion yen.