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Mitsubishi splashes out Bt7 billion for facility upgrade in preparation for new PHEV

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Mitsubishi will invest a total of Bt7 billion (Y25 billion) in restructuring its Laem Chabang assembly complex and a new print shop, ahead of the start of production of its first PHEV in Thailand next year.

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Mitsubishi Motors Corp chairman Osamu Masuko said the Laem Chabang production facility is Mitsubishi’s largest outside of Japan but no major improvement had taken place in the past 20 years. The company decided to invest Bt7 billion to raise the competitiveness level of the facility.
“Of the investment, Y12 billion was spent on a new paint shop which is now operational. The remaining Y13 billion will go towards modernisation of the production lines, including incorporation of robots to raise efficiency and lower costs,” he said, adding that the final plan will be thrashed out in September.
The Japanese automaker which received the Board of Investment (BoI) approval for investment benefits in March this year, is planning to start production of the Outlander plugin hybrid in the second half of 2020. Annual production is estimated at 3,000 units which will initially go on sale in the Thai market.

Published : July 31, 2019

By : The Nation