Paid-in capital totals $68m

Mitsubishi Electric Corporation has announced the name of its new automotive equipment subsidiary, Mitsubishi Electric Mobility Corporation.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

It has been formed as part of the planned spinoff of Mitsubishi Electric’s automotive-equipment business. The name had been undetermined at the time of the announcement.

Mitsubishi Electric Mobility Corporation will focus on the manufacturing, maintenance, repair and sales of other machinery and equipment and electrical and electronic components.

According to Mitsubishi, paid-in capital totals 10 billion yen ($68 million).

Just Auto Excellence Awards - Nominations Closed

Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.

Excellence in Action
Continental has secured the Window Displays Innovation Award in the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.

Discover the Impact