Tag: MOTORS

Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that it posted record retail sales of 81,473 vehicles(1) in the Philippines in FY2023, an increase of 34 percent from the previous fiscal year and the highest volume since FY2017. Sales of the Mirage G4 compact sedan, which continues to enjoy sustained high demand from customers, increased significantly. Sales were also boosted by the Xpander, which was that market’s top-selling MPV, and the all-new Triton, which launched in January. In the Philippine auto market, which grew overall, Mitsubishi Motors rose 18.5 percent(2) of the market share, an increase of 2.3 point from the ... Read more

Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that cumulative production of the Mitsubishi Motors eK X EV and Nissan Sakura electric minivehicles reached a record 100,000 units just after one year and 10 months since manufacturing began.  The eK X EV and Nissan Sakura began production in May 2022 at Mitsubishi Motors’ Mizushima Plant and reached a cumulative production volume of 50,000 units in its first year, and today has achieved 100,000 units in less than two years.  The eK X EV and Nissan Sakura were born from the expertise of Mitsubishi Motors and Nissan, both pioneers in the EV ... Read more

Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced today that it has begun exports of the all-new Xforce compact SUV manufactured at PT Mitsubishi Motors Krama Yudha Indonesia (hereafter, MMKI), Mitsubishi Motors’ factory in Indonesia. The commemorative ceremony was held at the port of Tanjung Priok, located approximately 10 km north of the capital city of Jakarta, with many guests, including officials from the Indonesian and Japanese governments, as well as Mitsubishi Motors’ related parties. The Vietnam will serve as the first export market for the vehicle in ASEAN, and the vehicle will be rolled out in stages to other ASEAN ... Read more

eFrancisco Motor Company (eFMC) and HDEX, the world’s first hydrogen exchange, are thrilled to announce a groundbreaking initiative that transcends mere transactions. This endeavor goes beyond innovation; it’s a movement towards a more connected and environmentally responsible future for public transportation in the Philippines. Imagine a world where your daily commute not only takes you from point A to B but also contributes to a greater cause – Tied to the heartbeat of the Philippine Peso, the eFMC token brings stability to your financial journey, ensuring peace of mind with every transaction.  Yet, what truly sets this system apart is its ... Read more

HDEX and eFrancisco Motor Corporation proudly unveil a transformative alliance that will reshape the hydrogen landscape. This strategic partnership will harmonize with the distinctive business goals of both entities, offering a dynamic framework that allows for growth and innovation. Expressing enthusiasm about this groundbreaking collaboration, Aron DuttaChairman of HDEX remarked, “This partnership marks a significant leap. We are confident that our combined strengths will propel us towards sustainable growth.” Elmer Francisco, CEO of eFrancisco Motor Corporation said, “We do not see hydrogen as an alternative fuel, rather, it is fuel of the future.” This partnership transcends traditional collaborations by embodying ... Read more