Mitsubishi has announced a new mid-term plan that will accelerate its decarbonization efforts. Dubbed "Challenge 2025," it puts an emphasis on hybrids, plug-in hybrids, and purely electric vehicles by ramping up development. Out of a total of 16 new cars coming out in the next five years, nine of them will be electrified, either partially or entirely.
The product roadmap for 2023-2025 shows a new pickup truck coming around 2024 will be joined about a year later by a PPV, which is an abbreviation for Pickup-based Passenger Vehicle. In other words, a ladder-frame SUV that utilizes the underpinnings of a truck. Both will be powered by combustion engines, much like a new three-row SUV and a two-row hybrid SUV also coming by the middle of the decade.
