https://it-news.uk/tags/mitsubishi/ Recent content in Mitsubishi on IT News Hugo en-us Wed, 24 Jun 2026 00:00:00 +0800 https://it-news.uk/posts/mitsubishi-cant-afford-ev-development/ Wed, 24 Jun 2026 00:00:00 +0800 https://it-news.uk/posts/mitsubishi-cant-afford-ev-development/ <p>Mitsubishi, once a pioneer in the electric vehicle market, has now found itself unable to fund the development of its own EV platform. CEO Takao Kato made the candid admission at a shareholder meeting on June 18, explaining that building a standalone electric model requires &ldquo;massive investment&rdquo; — and that a sales flop could create serious financial trouble for the automaker.</p>