Mitsubishi Motors announced plans to invest $470 million in Thailand by 2030 to produce and export electrified Pajero SUVs and pickups, reinforcing Thailand's ambitions as an EV manufacturing hub. The investment comes as Japanese automakers face intensifying competition from Chinese brands in Southeast Asia's largest auto market. The electrified models are expected to strengthen Mitsubishi's global lineup and leverage Thailand's established supply chain, with production and export operations targeted through the end of the decade.
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