Mitsubishi open to boosting HEV production, joining RACE
Mitsubishi Motors Philippines Corp. (MMPC) may spend more than the planned P7 billion investment for hybrid electric vehicle (HEV) production under the EV Incentive Strategy (EVIS), even as it keeps the door open to the government’s proposed incentives for traditional fuel-powered car manufacturing.
Source: Philstar Biz
https://www.philstar.com/business/2026/10/19/2564090/mitsubishi-open-boosting-hev-production-joining-race