Mitsubishi Motors Announces Intention to Participate in Philippine Government’s Electric Vehicle Incentive Strategy Program

Tokyo, April 6, 2026 – Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) today announced its intention to participate in the Philippine government’s electric vehicle promotion program, the Electric Vehicle Incentive Strategy (EVIS) in a meeting between President Marcos and Takao Kato, chief executive officer of Mitsubishi Motors.


Subject to the approval of Mitsubishi Motors’ application to join EVIS, Mitsubishi Motors Philippines Corporation (MMPC) — Mitsubishi Motors’ production and sales company in the Philippines — plans to begin production of a new hybrid electric vehicle (HEV) model at its plant in Santa Rosa City, Laguna, around the middle of calendar year 2028.


In line with the start of production of the new HEV model, MMPC is planning additional investments, including enhancements to its facilities to support electrification. These initiatives will contribute to expanding the local supply chain and generating employment opportunities in the region.


During the meeting, Takao Kato, chief executive officer of Mitsubishi Motors, said, “The Philippines has long been one of our most important markets, where we have engaged in production and sales for many years. In cooperation with the Philippine government, we are honored to contribute to the advancement of vehicle electrification and industrial development through the EVIS program, as well as to support the further growth of the Philippine economy."

[About MMPC (as of March 31, 2026)]

Company Name

Mitsubishi Motors Philippines Corporation

Established

February 1963

Head Office

& Plant Location

Santa Rosa City, Laguna Province, Republic of the Philippines

Capital

PHP 1.64 billion

Main Business Activities

Production and sales of Mitsubishi Motors vehicles

President & CEO

Ritsu Imaeda

Shareholder

Mitsubishi Motors Corporation (100%)

Production Capacity

50,000 units/year

Site Area

Approximately 21.4 hectares

Production Models

Mirage, Mirage G4, L300

Models Sold

Mirage, Mirage G4, Xforce, Xpander, Xpander Cross, Destinator, Montero Sport, Triton, L300, Versa Van