Proton and Mitsubishi Motors to pursue broad ranging strategic collaboration, including electrics and hybrids
Proton Holdings Berhad and Mitsubishi Motors Corporation (MMC) are in “serious discussion” for strategic collaboration to further strengthen the competitiveness of both Proton and MMC in the global marketplace. The collaborative items being considered between the two parties are set to cover areas and activities such as:
Joint production of engines in Malaysia;
Consignment production of MMC-brand vehicles at Proton facilities;
Sharing of major parts and components between MMC’s Global Small, which is to be launched next March starting in Thailand, and Proton’s upcoming Global Small Car; and
Provision of MMC’s future technologies such as electric, plug-in hybrid and hybrid vehicle technology.
The two companies had jointly proceeded with feasibility studies since late 2010 and have identified these areas of collaboration that could be expected to provide both parties with the right synergy in the pursuit of global competitiveness.
The two companies had signed an agreement in December 2008 on the development and production of new vehicles at Proton. Under a license agreement, Proto currently produces Inspira, a four-door sedan model based on an MMC vehicle.