© Reuters. FILE PHOTO: A man walks into a Mitsubishi Motors Corp showroom at the company’s headquarters in Tokyo, Japan, October 18, 2017. REUTERS/Kim Kyung-Hoon
TOKYO (Reuters) – Japanese carmaker Mitsubishi Motors (OTC:) Corp plans to electrify 100% of its fleet by 2035 through the active introduction of hybrid and electric vehicles (EVs), the Yomiuri Shimbun newspaper reported on Friday.
Mitsubishi is a junior member of the partnership of French automaker Renault SA (OTC:) and Nissan (OTC:) Motor Co, which last month announced an agreement to reshape their alliance.
Mitsubishi had previously said it would have 50% of its fleet electrified by 2030, a target Yomiuri said would remain unchanged, with an emphasis on pushing ahead with electrification over the next five years.
Mitsubishi also plans to introduce electric vehicles in Europe, he added, saying the company would make an announcement about its plans soon.
The company, which is scheduled to hold a news conference later on Friday, declined to comment when asked about the report.