Mitsubishi Motors' Risky Pivot Amidst Chinese EV Surge in Vietnam
Mitsubishi Motors is making a significant strategic shift in Vietnam, pivoting away from its traditional gasoline-powered vehicle focus towards electric vehicles (EVs). This move comes as the company faces intense competition from Chinese EV manufacturers in the Southeast Asian market, signaling a risky bet on the evolving automotive landscape.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Vietnam Accelerates APEC Summit Infrastructure and Metro Line 3 Projects
Vietnam's National Assembly Standing Committee reviewed APEC summit infrastructure progress. Ho Chi Minh City aims to accelerate land clearance for early commencement of three Metro lines, reflecting Vietnam's drive for economic growth and international standing.
- Vietnam NA Chairman Emphasizes '3 No' Spirit for APEC 2027 Projects
Vietnam's National Assembly Chairman, Tran Thanh Man, stressed the '3 No' principle for infrastructure development ahead of the 2027 APEC Summit, focusing on streamlining procedures, no compromise on environmental protection, and no shirking responsibility. He urged An Giang province to complete projects by the end of June 2027 at the latest.
- Ho Chi Minh City Extends Land Valuation Period for Mega Real Estate Projects
Ho Chi Minh City has significantly extended the timeframe for land valuation in mega real estate projects and adjusted cost calculation methods. This move aims to enhance the feasibility of ultra-large developments, drawing attention to its market implications.
- Vietnam Ao Dai Association Launched in Finland to Promote Cultural Identity
The Vietnam Ao Dai Association was officially launched in Helsinki, Finland, with the support of the Vietnamese Embassy. The initiative aims to promote Vietnamese culture abroad through the traditional Ao Dai attire.