Mitsubishi Motors confirmed plans to begin production of plug-in hybrid electric vehicles (PHEVs) in Thailand in the next fiscal year ending in March 2021, according to local reports.
The Japanese automaker's local subsidiary, Mitsubishi Motors (Thailand), will produce the vehicles on the site of its current Laem Chabang plant in Chon Buri province, where it makes Triton pickup trucks, the Pajero Sport SUV and also passenger cars.
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The company earlier this year was granted incentives by the Thai Board of Investment (BoI) on investments worth THB3.1bn (US$100m), the fourth automaker to qualify after Mercedes-Benz, BMW and SAIC Motor-CP according to the reports.
Mitsubishi Motors did not reveal which model it will produce but earlier this month it launched the Outlander plug-in hybrid at the Gaikindo Indonesia International Auto Show.
The automaker is still waiting for approval for further incentives from the BoI on investments worth THB11bn for the production of three electric vehicle models, according to deputy prime minister Somkid Jatusripitak.
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