Mitsubishi Motors announces intention to participate in Philippine gov’t electric vehicle incentive strategy program

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via GRAPHIC PLUS | Malacañang, Manila (April 6, 2026) — Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) today announced its intention to participate in the Philippine government’s electric vehicle promotion program, the Electric Vehicle Incentive Strategy (EVIS) in a meeting between President Marcos and Takao Kato, chief executive officer of Mitsubishi Motors.

Subject to the approval of Mitsubishi Motors’ application to join EVIS, Mitsubishi Motors Philippines Corporation (MMPC) — Mitsubishi Motors’ production and sales company in the Philippines — plans to begin production of a new hybrid electric vehicle (HEV) model at its plant in Santa Rosa City, Laguna, around the middle of calendar year 2028.

In line with the start of production of the new HEV model, MMPC is planning additional investments, including enhancements to its facilities to support electrification. These initiatives will contribute to expanding the local supply chain and generating employment opportunities in the region.

During the meeting, Takao Kato, chief executive officer of Mitsubishi Motors, said, “The Philippines has long been one of our most important markets, where we have engaged in production and sales for many years. In cooperation with the Philippine government, we are honored to contribute to the advancement of vehicle electrification and industrial development through the EVIS program, as well as to support the further growth of the Philippine economy,”.

[About MMPC (as of March 31, 2026)]

Company NameMitsubishi Motors Philippines Corporation
EstablishedFebruary 1963
Head Office& Plant LocationSanta Rosa City, Laguna Province, Republic of the Philippines
CapitalPHP 1.64 billion
Main Business ActivitiesProduction and sales of Mitsubishi Motors vehicles
President & CEORitsu Imaeda
ShareholderMitsubishi Motors Corporation (100%)
Production Capacity50,000 units/year
Site AreaApproximately 21.4 hectares
Production ModelsMirage, Mirage G4, L300
Models SoldMirage, Mirage G4, Xforce, Xpander, Xpander Cross, Destinator, Montero Sport, Triton, L300, Versa Van
Philippines Graphic
Philippines Graphichttps://philippinesgraphic.com.ph/
Started in 1927, the Philippines Graphic is the longest-running printed magazine of national circulation that provides relevant news and features and promotes Philippine literature.

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