{"id":30732,"date":"2023-10-25T10:47:00","date_gmt":"2023-10-25T09:47:00","guid":{"rendered":"https:\/\/www.carscoops.com\/?p=2841004"},"modified":"2023-10-25T10:47:00","modified_gmt":"2023-10-25T09:47:00","slug":"mitsubishi-ends-chinese-joint-venture-makes-213-million-investment-in-renaults-ev-arm","status":"publish","type":"post","link":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/2023\/10\/25\/mitsubishi-ends-chinese-joint-venture-makes-213-million-investment-in-renaults-ev-arm\/","title":{"rendered":"Mitsubishi Ends Chinese Joint Venture, Makes $213 Million Investment In Renault\u2019s EV Arm"},"content":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Mitsubishi-China3-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\" style=\"margin-bottom: 15px;\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Mitsubishi-China3-1024x576.jpg 1024w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Mitsubishi-China3-400x225.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Mitsubishi-China3-768x432.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Mitsubishi-China3-1536x864.jpg 1536w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Mitsubishi-China3.jpg 1920w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/div>\n<p><!DOCTYPE html PUBLIC \"-\/\/W3C\/\/DTD HTML 4.0 Transitional\/\/EN\" \"http:\/\/www.w3.org\/TR\/REC-html40\/loose.dtd\"><br \/>\n<html><body><\/p>\n<p>Mitsubishi is going to end production of its joint venture cars in China and will transfer its stake in the company to <a href=\"https:\/\/www.carscoops.com\/tag\/gac\/\">Guangzhou Automobile Group<\/a>.<\/p>\n<p><!--  [Mobile]med_rect_atf --><\/p>\n<div data-pw-mobi=\"med_rect_atf\" id=\"pwMobiMedRectAtf\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectAtf\");\n  })\n<\/script><\/p>\n<p>The Japanese car manufacturer established the joint venture in 2012 but will now become a wholly-owned subsidiary of GAC. The joint venture had built models including the ASX, Outlander, Pajero, Eclipse Cross, <a href=\"https:\/\/www.carscoops.com\/2018\/10\/gac-mitsubishis-new-eupheme-ev-offers-410-km-range-20000\/\">Eupheme<\/a>, and Airtek EV but the plant will now be responsible for building vehicles from GAC&rsquo;s Aion brand starting in June 2024. GAC says the change will provide Aion with the capacity to build up to 600,000 cars annually.<\/p>\n<p><em><a href=\"https:\/\/www.reuters.com\/business\/autos-transportation\/mitsubishi-motors-invest-around-20-bln-yen-into-renaults-new-ev-company-nikkei-2023-10-24\/\">Reuters<\/a><\/em> understands that Mitsubishi will book a special loss of 24.3 billion yen ($162.4) million in the current financial year by restructuring its Chinese business.<\/p>\n<div class='in-asd-content'>\n<h6>advertisement scroll to continue<\/h6>\n<div data-pw-desk='med_rect_atf' id='pwDeskMedRectAtf'><\/div>\n<p><script type='text\/javascript'>\n  window.ramp.que.push(function () {\n      window.ramp.addTag('pwDeskMedRectAtf');\n  })\n<\/script>\n<\/div>\n<p><!--  [Mobile]med_rect_btf --><\/p>\n<div data-pw-mobi=\"med_rect_btf\" id=\"pwMobiMedRectBtf1\"><\/div>\n<p><script type=\"text\/javascript\">\n  window.ramp.que.push(function () {\n      window.ramp.addTag(\"pwMobiMedRectBtf1\");\n  })\n<\/script><\/p>\n<p><strong>Read: <a href=\"https:\/\/www.carscoops.com\/2023\/09\/struggling-mitsubishi-chased-out-of-china-by-local-brands\/\">Struggling Mitsubishi Chased Out Of China By Local Brands<\/a><\/strong><\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7.webp 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7-400x267.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7-768x512.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7-1024x683.webp 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7.jpg 1920w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7-400x267.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7-768x512.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7-1024x683.jpg 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\"GAC Mitsubishi Eupheme EV 7 Mitsubishi Ends Chinese Joint Venture, Makes $213 Million Investment In Renault&rsquo;s EV Arm\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/360042be-gac-mitsubishi-eupheme-ev-7-1024x683.jpg\" data-type=\"inarticle-image\">\n                <\/picture><figcaption>Mitsubishi\/GAC Eupheme EV<\/figcaption><\/figure>\n<p>        <\/a>  <\/p>\n<p>Soon after making this announcement, <a href=\"https:\/\/www.carscoops.com\/tag\/mitsubishi\/\">Mitsubishi<\/a> revealed that it would invest up to &euro;200 million ($213 million) in Renault&rsquo;s newly established electric vehicle venture Ampere. The carmaker will buy various EVs developed and produced by Ampere and sell them under its own brand in a move that will allow it to keep its development costs low.<\/p>\n<p><em><a href=\"https:\/\/asia.nikkei.com\/Business\/Business-deals\/Mitsubishi-Motors-to-invest-up-to-200m-euros-in-Renault-EV-venture-Ampere\">Nikkei Asia<\/a><\/em> reports that new EVs from Mitsubishi will be sold in Europe and Southeast Asia. Additionally, Mitsubishi will be able to obtain important information about trends in major EV markets that will help it move forward. Renault&rsquo;s alliance partner Nissan has already committed to <a href=\"https:\/\/www.carscoops.com\/2023\/07\/nissan-to-invest-663-million-in-renaults-ev-unit-as-the-two-companies-finalize-new-alliance\/\">investing more than &euro;600 million ($641 million) in Ampere<\/a> and a substantial investment is also being made by chipmaker Qualcomm.<\/p>\n<div id=\"taboola-mid-article\"><\/div>\n<p><script type=\"text\/javascript\">\n  window._taboola = window._taboola || [];\n  _taboola.push({\n    mode: 'thumbnails-a-mid',\n    container: 'taboola-mid-article',\n    placement: 'Mid Article',\n    target_type: 'mix'\n  });\n<\/script><\/p>\n<p>While speaking with media members at an event in Paris, Renault chairman Jean-Dominique Senard said he welcomed the investment from Mitsubishi and will discuss the partnership in more detail during a future trip to Japan.<\/p>\n<p>        <a href=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3.jpg\" data-type=\"inarticle-image-block\"> <\/p>\n<figure class=\"wp-block-image size-large\">\n                <picture><source type=\"image\/webp\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3.webp 1888w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3-400x194.webp 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3-768x372.webp 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/webp\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3-1024x496.webp 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\"><\/source><img decoding=\"async\" class=\"lazy \" src=\"\" srcset=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3.jpg 1888w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3-400x194.jpg 400w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3-768x372.jpg 768w, https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3-1024x496.jpg 1024w\" sizes=\"(max-width: 1920px) 100vw, (max-width: 1535px) 100vw, (max-width: 1024px) 100vw, (max-width: 768px) 1000px, (max-width: 300px) 600px, (max-width: 200px) 200px\" alt=\"GAC Mitsubishi Eupheme EV 3 Mitsubishi Ends Chinese Joint Venture, Makes $213 Million Investment In Renault&rsquo;s EV Arm\" data-src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2018\/10\/7c568e8d-gac-mitsubishi-eupheme-ev-3-1024x496.jpg\" data-type=\"inarticle-image\">\n                <\/picture>\n            <\/figure>\n<p>        <\/a><br \/>\n   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Services, including IT Compliance Services, Risk Assessment, IT Audit, Security Assessment and Audit, ISO 27001 Consulting and Certification, GDPR Compliance Services, Privacy Impact Assessment (PIA), Penetration test, Ethical Hacking, Vulnerabilities scan, IT Consulting, Data Privacy Consulting, Data Protection Services, Information Security Consulting, Cyber Security Consulting, Network Security Audit, Security Awareness Training. \r\n<br><br>Contact us right away. <br><br>Email (Prefer using email to contact us): <br>SalesExecutive@ITSec.vip<\/p>","protected":false},"excerpt":{"rendered":"<div><img decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/www.carscoops.com\/wp-content\/uploads\/2023\/10\/Mitsubishi-China3-1024x576.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"\" loading=\"lazy\"><\/div>\n<p>Mitsubishi is getting out of the Chinese market and will sell EVs developed and produced by Renault&#8217;s EV division<\/p>\n","protected":false},"author":346,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-container-style":"default","site-container-layout":"default","site-sidebar-layout":"default","disable-article-header":"default","disable-site-header":"default","disable-site-footer":"default","disable-content-area-spacing":"default","footnotes":""},"categories":[3267,6165],"tags":[61,122,127,129,124,128,125,132,131,133,126,130,123,66,94,88,97,56,64,65,60,3344,3351,3357,3360,3335,3340,3362,112,3353,40,75,95,3350,3352,3356,3343,3359,3339,3345,3334,3341,104,3354,33,120,3358,3349,3337,3348,105,101,98,115,30,29,41,86,3342,3361,70,69,68,72,71,26,118,108,87,3355,46,55,48,52,54,51,50,83,3338,62,58,57,3336,109,35,3346,59,63,85,79,82,96,80,27,81,114,44,42,43,45,38,39,110,117,100,111,116,3300,73,89,90,92,91,93,84,78,37,102,34,36,77,67,74,99,113,3347,119,28,121,32,47,49,53,103,31,76],"class_list":["post-30732","post","type-post","status-publish","format-standard","hentry","category-car-or-automobile","category-news","tag-airpods","tag-anime","tag-anime-characters","tag-anime-cosplay","tag-anime-edits","tag-anime-merchandise","tag-anime-movies","tag-anime-news","tag-anime-recommendations","tag-anime-reviews","tag-anime-series","tag-anime-streaming","tag-animes","tag-app-store","tag-app-store-samsung","tag-appgallery","tag-appgallery-oneplus","tag-apple","tag-apple-music","tag-apple-tv","tag-apple-watch","tag-auto-financing-guide","tag-automobile-industry-news","tag-automobile-laws-and-regulations","tag-automobile-shows-and-expos","tag-automobile-specifications","tag-automobile-technology","tag-autonomous-vehicles","tag-bbc-sport","tag-best-cars-for-long-drives","tag-best-mobile-games","tag-bixby","tag-bixby-xiaomi","tag-car-accessories","tag-car-comparison","tag-car-customization-ideas","tag-car-insurance-advice","tag-car-interior-design-ideas","tag-car-maintenance-tips","tag-car-resale-value","tag-car-reviews","tag-car-safety-features","tag-champions-league","tag-city-cars","tag-cyberpunk","tag-cyberpunk-2077","tag-driving-tips-and-tricks","tag-eco-friendly-cars","tag-electric-vehicles","tag-family-cars","tag-fantasy-football","tag-fifa","tag-football","tag-formula-1","tag-fortnite","tag-free-fire","tag-free-mobile-games","tag-freebuds-pro","tag-fuel-efficiency-tips","tag-future-of-automobiles","tag-galaxy-a52","tag-galaxy-note-20","tag-galaxy-s21","tag-galaxy-watch-4","tag-galaxy-z-fold-3","tag-game","tag-games","tag-golf","tag-harmonyos","tag-highway-cars","tag-how-to-backup-iphone","tag-how-to-factory-reset-iphone","tag-how-to-reset-iphone","tag-how-to-restore-iphone","tag-how-to-unlock-iphone","tag-how-to-unlock-iphone-5","tag-how-to-unlock-iphone-6","tag-huawei","tag-hybrid-cars","tag-ios","tag-ipad","tag-iphone","tag-latest-car-models","tag-live-soccer","tag-lol","tag-luxury-cars","tag-macbook","tag-macos","tag-mate-40-pro","tag-mi-11-lite","tag-mi-home-security-camera-basic-1080p","tag-mi-home-security-camera-basic-1080p-huawei","tag-mi-smart-band-6","tag-minecraft","tag-miui","tag-mlb-scores","tag-mobile-game-design","tag-mobile-game-development","tag-mobile-game-marketing","tag-mobile-game-monetization","tag-mobile-games","tag-mobile-gaming","tag-nba-scores","tag-nba-standings","tag-nfl","tag-nfl-scores","tag-nhl-scores","tag-off-road-vehicles","tag-one-ui","tag-oneplus","tag-oneplus-9-pro","tag-oneplus-buds-pro","tag-oneplus-nord-ce-5g","tag-oxygenos","tag-p40-pro-plus","tag-poco-x3-pro","tag-pokemon","tag-premier-league","tag-pubg","tag-pubg-mobile","tag-redmi-note-10-pro","tag-samsung","tag-samsung-pay","tag-soccer","tag-sports","tag-sports-cars","tag-steam","tag-steeam","tag-top-10-anime","tag-valorant","tag-when-do-the-iphone-7-come-out","tag-when-does-the-iphone-7-come-out","tag-when-is-the-iphone-7-coming-out","tag-world-cup","tag-xbox-series-x","tag-xiaomi"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/30732","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/users\/346"}],"replies":[{"embeddable":true,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/comments?post=30732"}],"version-history":[{"count":1,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/30732\/revisions"}],"predecessor-version":[{"id":30733,"href":"https:\/\/gamefootballmobileanimeiphone.com\/index.php\/wp-json\/wp\/v2\/posts\/30732\/revisions\/30733"}],"wp:attach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