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Mitsubishi is the latest Japanese automaker to accelerate its electrification strategy as demand for electric vehicles continues climbing at a record rate.

The company revealed a new business plan Friday, “Challenge 2025,” that involves four new EVs, including an electric pickup truck.

Mitsubishi unveils new electric strategy and spending plan

Despite being an early EV pioneer, launching its iMiEV electric kei car on World Environment Day in 2009, eventually making its way to the US as the Mitsubishi, the Japanese automaker currently has no purely electric vehicles in its North American or European lineup.

Mitsubishi currently offers the Outlander PHEV, but with new fully electric vehicles from nearly every other automaker hitting the market, Outlander sales fell 12% from 2021 to 1,961 last year.

As part of Mitsubishi’s new strategy, the automaker plans for 100% of its sales to be either pure electric or hybrid by 2035, compared to its previous guidance of 50% electrified sales by 2030.

Mitsubishi calls the next two years “a turning point to a major transition” as it looks toward contributing to a sustainable society with a beefed-up lineup of electrified vehicles.

To make the transition possible, Mitsubishi plans to ramp up R&D expenses over the next few years to reach 70% of its budget after 2026, up from 20% currently.

Mitsubishi-electric-strategy
Mitsubishi xEV models (Source: Mitsubishi)

In addition, Mitsubishi will strengthen its recently developed strategic partnership to expand its lineup. The Japanese automaker recently formed an alliance with Nissan and Renault to jointly manufacture over 30 new electric vehicles across five common platforms by 2030.

Of the four new fully electric vehicles, one will be through the Nissan alliance and another through the Renault alliance. The other two will consist of an electric pickup truck and a two-row SUV EV.

Electrek’s Take

Mitsubishi’s new strategy sounds exciting with a new electric pickup, a two-row SUV, and two alliance-built EVs, but waiting until 2035 to transform its lineup might be costly.

The Japanese automaker is already falling behind in the fully electric market and is seeing PHEV sales decline. The new electric business strategy and investments are designed to stimulate the Mitsubishi brand and bring it into the modern day, but delaying any further will be wasting valuable time.

Many automakers are already achieving double-digit, even 100%, EV sales and are working on their second or third-generation EVs.

Mitsubishi is the latest Japanese automaker to announce its intentions to accelerate its EV efforts. Toyota appointed a new CEO who mentioned a new EV-first mindset, Nissan plans to release 19 new EVs by 2030, and Honda overhauled its business operations to ramp up EV deployment.

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Hyundai’s first EV sports car has even Lamborghini interested [Video]

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Hyundai's first EV sports car has even Lamborghini interested [Video]

The IONIQ 5 N is the fastest Hyundai ever made, electric or gas-powered. The sporty electric car is so good that it’s now drawing the attention of some of the industry’s finest. Hyundai’s EV sports car was recently spotted outside a Lamborghini test facility. Check out the video below.

Hyundai’s EV sports car caught at a Lamborghini test site

As the first EV to wear its “N” badge, Hyundai aimed to set the bar even higher. And that it did. The IONIQ 5 N is not only the most powerful Hyundai, it’s also the most fun to drive with a series of track-ready features.

Based on its advanced E-GMP platform, Hyundai’s electric sports car delivers up to 641 hp. That’s when using its N Grin boost feature, which gives you a 10-second power surge.

When on the track, N Launch control enables you to adjust to different road conditions for the perfect takeoff. Other features, like N e-Shift, simulate an 8-speed N Dual Clutch Transmission, making it feel like you’re in a true race car.

With N Active Sound+, you cannot only feel the performance but also hear it. Eight internal and two external features sync to your vehicle’s performance.

Hyundai's-EV-Lamborghini
2025 Hyundai IONIQ 5 N (Source: Hyundai)

Hyundai’s EV sports car is apparently good enough to attract Lamborghini’s attention. A Hyundai IONIQ 5 N model was recently spotted leaving Lamborghini’s test facility.

The video from YouTuber Varryx shows a Lamborghini test driver leaving the “Porta Sud,” suggesting the sports car maker could be benchmarking Hyundai’s EV.

Hyundai IONIQ 5 N spotted outside a Lamborghini test facility (Source: Varryx)

Lamborghini unveiled the Lanzador in 2023, its first fully electric vehicle. The concept introduces a new high-ground-clearance GT with 2+2 seating. Or, in other words, like a supercar sitting on an SUV. It’s expected to launch in 2029.

Hyundai’s IONIQ 5 N already beat a Lamborghini Urus Performante in a drag race (see the video here), so it’s no wonder the Italian sports car maker is taking notes.

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Hydrogen dead end: Hyzon board votes to dissolve company

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Hydrogen dead end: Hyzon board votes to dissolve company

The board of directors of the troubled hydrogen fuel cell maker has voted to dissolve the company that developed the first HFC garbage truck to North America last spring, pending shareholder approval.

After a promising global start that saw the American startup announce pilot programs that would see its hydrogen fuel cells put to work in transit buses in Brisbane, its tow trucks (above) in Victoria, and five 154-ton severe duty trucks scheduled to service a zinc refinery operation in north Queensland, slow sales and an inability to deliver on its ambitious goals saw the company quit Australia in July.

Now, Hyzon is quitting altogether.

After issuing a WARN letter to employees in December announcing layoff plans, citing an inability to raise funding and the future uncertainty relating to the availability of government subsidies. Now, it appears the Hyzon board of directors has unanimously voted to dissolve the company and liquidate its assets (pending shareholder approval).

Unanimously approved, subject to stockholder approval, the transfer of all or substantially all of the Company’s assets through an assignment for the benefit of creditors, and the liquidation and dissolution of the Company pursuant to a plan of dissolution while continuing to pursue strategic alternatives and potential funding sources intended to maximize the value of its business and assets.

HYZON, IN A STATEMENT TO NASDAQ

If Hyzon is unable to find a buyer or an patient, bullish customer soon, expect all of Hyzon’s staff at its Bolingbrook, Illinois and Troy, Michigan facilities to be laid off by the end of February 2025.

Electrek’s Take

Hyzon 200 kW hydrogen fuel cell.

When I wrote about Hyzon retreating from Australia’s shores, I noted that Australia’s commercial BEV sales were booming. The same is true in the US, as well, with Cox Automotive expecting fully 1 in 4 new cars sold this year to be fully electric.

It seems like the market has spoken, then – and hydrogen has lost.

SOURCE | IMAGES: NASDAQ, via ACT.

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GM is using AI to find ideal spots for EV charging stations

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GM is using AI to find ideal spots for EV charging stations

Data scientists at General Motors (GM) are using AI and machine learning to pinpoint ideal EV charging station locations across the US.

As EV sales hit record highs for GM in 2024, many drivers are still unsure where to charge their vehicles. To tackle this, GM has partnered with EVgo and Pilot Travel Centers to boost public charging options and improve the overall charging experience.

Partnerships with EVgo and Pilot Travel Centers

GM and EVgo are working together to install 2,850 DC fast charging stalls nationwide. This includes 400 flagship fast-charging locations in major metro areas with 350 kW chargers for ultra-fast charging. These stations feature pull-through layouts for easier vehicle maneuvering, bright lighting for safety, and canopies to protect against the elements.

Additionally, GM has teamed up with Pilot Flying J and EVgo to add up to 2,000 DC fast chargers at 500 Pilot and Flying J travel centers. So far, more than 130 locations are operational.

Using AI to site EV charging stations

To ensure new charging stations are sited where they’ll have the most impact, GM’s data scientists are tapping into artificial intelligence. AI tools analyze EV traffic patterns, driver behaviors, and existing infrastructure to identify optimal locations for chargers.

By treating site selection as a mathematical optimization problem, these algorithms evaluate factors like traffic flow and proximity to other chargers. The results are then visualized on detailed maps, helping stakeholders understand the reasoning behind each recommendation. Human experts review and refine these suggestions to finalize charging site plans.

Once the data-driven decisions are made, GM works with its partners to bring these strategic charging stations online.

This approach blends advanced technology with industry collaboration to tackle one of the most significant hurdles for EV adoption, ensuring drivers have the confidence to make the switch.

What do you think about the use of AI to site EV charging stations? Let us know in the comments below.

Read more: GM and EVgo double their DC fast chargers to 2,000 in 16 months


To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.

Continue Reading

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Published

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Mitsubishi is the latest Japanese automaker to accelerate its electrification strategy as demand for electric vehicles continues climbing at a record rate.

The company revealed a new business plan Friday, “Challenge 2025,” that involves four new EVs, including an electric pickup truck.

Mitsubishi unveils new electric strategy and spending plan

Despite being an early EV pioneer, launching its iMiEV electric kei car on World Environment Day in 2009, eventually making its way to the US as the Mitsubishi, the Japanese automaker currently has no purely electric vehicles in its North American or European lineup.

Mitsubishi currently offers the Outlander PHEV, but with new fully electric vehicles from nearly every other automaker hitting the market, Outlander sales fell 12% from 2021 to 1,961 last year.

As part of Mitsubishi’s new strategy, the automaker plans for 100% of its sales to be either pure electric or hybrid by 2035, compared to its previous guidance of 50% electrified sales by 2030.

Mitsubishi calls the next two years “a turning point to a major transition” as it looks toward contributing to a sustainable society with a beefed-up lineup of electrified vehicles.

To make the transition possible, Mitsubishi plans to ramp up R&D expenses over the next few years to reach 70% of its budget after 2026, up from 20% currently.

Mitsubishi-electric-strategy
Mitsubishi xEV models (Source: Mitsubishi)

In addition, Mitsubishi will strengthen its recently developed strategic partnership to expand its lineup. The Japanese automaker recently formed an alliance with Nissan and Renault to jointly manufacture over 30 new electric vehicles across five common platforms by 2030.

Of the four new fully electric vehicles, one will be through the Nissan alliance and another through the Renault alliance. The other two will consist of an electric pickup truck and a two-row SUV EV.

Electrek’s Take

Mitsubishi’s new strategy sounds exciting with a new electric pickup, a two-row SUV, and two alliance-built EVs, but waiting until 2035 to transform its lineup might be costly.

The Japanese automaker is already falling behind in the fully electric market and is seeing PHEV sales decline. The new electric business strategy and investments are designed to stimulate the Mitsubishi brand and bring it into the modern day, but delaying any further will be wasting valuable time.

Many automakers are already achieving double-digit, even 100%, EV sales and are working on their second or third-generation EVs.

Mitsubishi is the latest Japanese automaker to announce its intentions to accelerate its EV efforts. Toyota appointed a new CEO who mentioned a new EV-first mindset, Nissan plans to release 19 new EVs by 2030, and Honda overhauled its business operations to ramp up EV deployment.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Hyundai’s first EV sports car has even Lamborghini interested [Video]

Published

on

By

Hyundai's first EV sports car has even Lamborghini interested [Video]

The IONIQ 5 N is the fastest Hyundai ever made, electric or gas-powered. The sporty electric car is so good that it’s now drawing the attention of some of the industry’s finest. Hyundai’s EV sports car was recently spotted outside a Lamborghini test facility. Check out the video below.

Hyundai’s EV sports car caught at a Lamborghini test site

As the first EV to wear its “N” badge, Hyundai aimed to set the bar even higher. And that it did. The IONIQ 5 N is not only the most powerful Hyundai, it’s also the most fun to drive with a series of track-ready features.

Based on its advanced E-GMP platform, Hyundai’s electric sports car delivers up to 641 hp. That’s when using its N Grin boost feature, which gives you a 10-second power surge.

When on the track, N Launch control enables you to adjust to different road conditions for the perfect takeoff. Other features, like N e-Shift, simulate an 8-speed N Dual Clutch Transmission, making it feel like you’re in a true race car.

With N Active Sound+, you cannot only feel the performance but also hear it. Eight internal and two external features sync to your vehicle’s performance.

Hyundai's-EV-Lamborghini
2025 Hyundai IONIQ 5 N (Source: Hyundai)

Hyundai’s EV sports car is apparently good enough to attract Lamborghini’s attention. A Hyundai IONIQ 5 N model was recently spotted leaving Lamborghini’s test facility.

The video from YouTuber Varryx shows a Lamborghini test driver leaving the “Porta Sud,” suggesting the sports car maker could be benchmarking Hyundai’s EV.

Hyundai IONIQ 5 N spotted outside a Lamborghini test facility (Source: Varryx)

Lamborghini unveiled the Lanzador in 2023, its first fully electric vehicle. The concept introduces a new high-ground-clearance GT with 2+2 seating. Or, in other words, like a supercar sitting on an SUV. It’s expected to launch in 2029.

Hyundai’s IONIQ 5 N already beat a Lamborghini Urus Performante in a drag race (see the video here), so it’s no wonder the Italian sports car maker is taking notes.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

Hydrogen dead end: Hyzon board votes to dissolve company

Published

on

By

Hydrogen dead end: Hyzon board votes to dissolve company

The board of directors of the troubled hydrogen fuel cell maker has voted to dissolve the company that developed the first HFC garbage truck to North America last spring, pending shareholder approval.

After a promising global start that saw the American startup announce pilot programs that would see its hydrogen fuel cells put to work in transit buses in Brisbane, its tow trucks (above) in Victoria, and five 154-ton severe duty trucks scheduled to service a zinc refinery operation in north Queensland, slow sales and an inability to deliver on its ambitious goals saw the company quit Australia in July.

Now, Hyzon is quitting altogether.

After issuing a WARN letter to employees in December announcing layoff plans, citing an inability to raise funding and the future uncertainty relating to the availability of government subsidies. Now, it appears the Hyzon board of directors has unanimously voted to dissolve the company and liquidate its assets (pending shareholder approval).

Unanimously approved, subject to stockholder approval, the transfer of all or substantially all of the Company’s assets through an assignment for the benefit of creditors, and the liquidation and dissolution of the Company pursuant to a plan of dissolution while continuing to pursue strategic alternatives and potential funding sources intended to maximize the value of its business and assets.

HYZON, IN A STATEMENT TO NASDAQ

If Hyzon is unable to find a buyer or an patient, bullish customer soon, expect all of Hyzon’s staff at its Bolingbrook, Illinois and Troy, Michigan facilities to be laid off by the end of February 2025.

Electrek’s Take

Hyzon 200 kW hydrogen fuel cell.

When I wrote about Hyzon retreating from Australia’s shores, I noted that Australia’s commercial BEV sales were booming. The same is true in the US, as well, with Cox Automotive expecting fully 1 in 4 new cars sold this year to be fully electric.

It seems like the market has spoken, then – and hydrogen has lost.

SOURCE | IMAGES: NASDAQ, via ACT.

FTC: We use income earning auto affiliate links. More.

Continue Reading

Environment

GM is using AI to find ideal spots for EV charging stations

Published

on

By

GM is using AI to find ideal spots for EV charging stations

Data scientists at General Motors (GM) are using AI and machine learning to pinpoint ideal EV charging station locations across the US.

As EV sales hit record highs for GM in 2024, many drivers are still unsure where to charge their vehicles. To tackle this, GM has partnered with EVgo and Pilot Travel Centers to boost public charging options and improve the overall charging experience.

Partnerships with EVgo and Pilot Travel Centers

GM and EVgo are working together to install 2,850 DC fast charging stalls nationwide. This includes 400 flagship fast-charging locations in major metro areas with 350 kW chargers for ultra-fast charging. These stations feature pull-through layouts for easier vehicle maneuvering, bright lighting for safety, and canopies to protect against the elements.

Additionally, GM has teamed up with Pilot Flying J and EVgo to add up to 2,000 DC fast chargers at 500 Pilot and Flying J travel centers. So far, more than 130 locations are operational.

Using AI to site EV charging stations

To ensure new charging stations are sited where they’ll have the most impact, GM’s data scientists are tapping into artificial intelligence. AI tools analyze EV traffic patterns, driver behaviors, and existing infrastructure to identify optimal locations for chargers.

By treating site selection as a mathematical optimization problem, these algorithms evaluate factors like traffic flow and proximity to other chargers. The results are then visualized on detailed maps, helping stakeholders understand the reasoning behind each recommendation. Human experts review and refine these suggestions to finalize charging site plans.

Once the data-driven decisions are made, GM works with its partners to bring these strategic charging stations online.

This approach blends advanced technology with industry collaboration to tackle one of the most significant hurdles for EV adoption, ensuring drivers have the confidence to make the switch.

What do you think about the use of AI to site EV charging stations? Let us know in the comments below.

Read more: GM and EVgo double their DC fast chargers to 2,000 in 16 months


To limit power outages and make your home more resilient, consider going solar with a battery storage system. In order to find a trusted, reliable solar installer near you that offers competitive pricing, check out EnergySage, a free service that makes it easy for you to go solar. They have hundreds of pre-vetted solar installers competing for your business, ensuring you get high-quality solutions and save 20-30% compared to going it alone. Plus, it’s free to use and you won’t get sales calls until you select an installer and you share your phone number with them.

Your personalized solar quotes are easy to compare online and you’ll get access to unbiased Energy Advisers to help you every step of the way. Get started here. –trusted affiliate link*

FTC: We use income earning auto affiliate links. More.

Continue Reading

Trending