Mitsubishi Motors announced its investment in Ampere, an EV and software company to be established by the Renault Group. (Earlier post.)

For Mitsubishi Motors, the investment comes as a step forward in its mid-term management plan announced in March 2023, in which Mitsubishi Motors committed to the development of electric vehicles and to strengthen cooperation with its Alliance members toward the acceleration phase of electrification. The maximum investment in Ampere will be €200 million.

Through this initiative, Mitsubishi Motors aims to further improve its EV development technology and to expand its line-up of EVs. As a first step of this collaboration, Ampere will supply an EV on an OEM basis in the European market.

Mitsubishi Motors is a member of the Alliance with Renault and Nissan.