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Mitsubishi Motors Confirms All-new Battery-electric Vehicle Will Be Sold in North America Starting Summer 2026

Mitsubishi Motors Confirms All-new Battery-electric Vehicle Will Be Sold in North America Starting Summer 2026

Yahoo07-05-2025

This BEV model represents a huge step in the Company's recently announced Momentum 2030 product strategy for the U.S. market
The new BEV will be sold alongside the Outlander Plug-in Hybrid, the world's first plug-in hybrid SUV 1
The new BEV will be sourced from Mitsubishi Motors' Alliance partner, Nissan Motor Co., Ltd., and based on the next-generation Nissan LEAF
Announcement reinforces strength of the Momentum 2030 long-term North American business plan
FRANKLIN, Tenn., May 7, 2025 /PRNewswire/ -- Mitsubishi Motors North America, Inc. (MMNA) today confirmed the next step in the brand's march toward its North American business plan, dubbed Momentum 2030. Among other commitments, the plan promised the launch of "a new or significantly revised vehicle every year between 2026 and 2030." That promise has already started with the recent debut of the new 2025 Outlander SUV.
Mitsubishi Motors Momentum 2030 Lineup
Today's announcement confirms that Mitsubishi Motors will work with its Alliance partner, Nissan Motor Co. Ltd., to bring a battery electric vehicle (BEV) to market in the United States and Canada. The vehicle will be based on the next-generation Nissan LEAF, and will be available starting in summer 2026, at dealer partners across both countries. More details about the vehicle, including naming, imagery, technical specifications, pricing and on-sale timing will be the subject of future announcements.
"Mitsubishi Motors is on an upward trajectory, especially in the United States," said Mark Chaffin, president and CEO, MMNA. "When we launched the Momentum 2030 long-term business plan to our dealer partners last May, there was a buzz in the room about an exciting future, but there was a desire for more concrete timing and plans. Today's announcement is the first of many to come that reinforce our commitment to the U.S. market, to providing the best vehicles we can for our customers, and ensuring a long and healthy future for our company in the U.S. and globally."
Chaffin continued, "Momentum 2030 is more than a business plan, it is a rallying cry for our company, for our employees, for our dealer partners, and for our loyal and new customers. Our plan is clear, our path is mapped out. The addition of this new battery-electric vehicle to our lineup will deliver a blend of internal combustion engines, plug-in hybrids and electric vehicles, so that our customers have the choice of technology that best suits their needs."
The path to Mitsubishi Motors Momentum 2030 is defined by four key points:

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Air Canada Inaugurates Flights to Prague
Air Canada Inaugurates Flights to Prague

Yahoo

timean hour ago

  • Yahoo

Air Canada Inaugurates Flights to Prague

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2026 Mitsubishi Outlander Hybrid Review: Expert Insights, Pricing, and Trims
2026 Mitsubishi Outlander Hybrid Review: Expert Insights, Pricing, and Trims

Motor Trend

time8 hours ago

  • Motor Trend

2026 Mitsubishi Outlander Hybrid Review: Expert Insights, Pricing, and Trims

Mitsubishi's only electrified model is the Outlander Hybrid, which is a three-row plug-in hybrid SUV with all-electric driving range. The 2026 Mitsubishi Outlander Hybrid arrives with the same updates the gas-only Outlander got for 2025. Anticipated changes include tweaks to the SUV's styling, interior, and equipment list. Rivals to the 2026 Mitsubishi Outlander Hybrid include other plug-in hybrid SUVs like the Toyota RAV4, Kia Sportage, and Ford Escape. What's New The 2026 Mitsubishi Outlander Hybrid enters the new model year with the same changes applied to the gas-only model for 2025. Updates should include: Subtly updated exterior styling A redesigned center console with a larger wireless charging pad A Yamaha premium audio system A 12.3-inch screen for the driver and infotainment displays Driving chops should improve with a recalibrated suspension and steering. Also, to provide a more premium experience, Mitsubishi is expected to add additional sound deadening. What We Think If you're considering a 2026 Mitsubishi Outlander, the hybrid variant makes a case for itself as the best pick of the range. The SUV's plug-in hybrid powertrain provide gas-free driving range, and the extra power improves acceleration. Additionally, the lack of a full one-pedal driving mode limits the SUV's viability as a part-time EV. The Outlander Hybrid's cabin is generally well executed. First- and second-row seating is spacious. Cargo volume is generous. There's lots of tech on hand, with two user-friendly touchscreen options providing easy access to the Outlander's features. Although the Outlander Hybrid has a third row, the rear seats are too cramped for anyone other than children or smaller adults. Squeezing behind the second row can be tough, as well; there's hardly an opening for your legs to pass through while climbing into the back. As one of Mitsubishi's stronger products in recent years, the Outlander Hybrid also benefits from the automaker's excellent warranty and two years of free maintenance. It may not be the flashiest plug-in hybrid SUV or have as much range as the segment-leading Toyota RAV4 Plug-In Hybrid, but the Outlander Hybrid is a legitimate contender in its segment. MotorTrend Testing The 2026 Mitsubishi Outlander Hybrid carries over with the same powertrain offered for 2025. That means the plug-in hybrid SUV will continue to have a combined 248 hp and 332 lb-ft of torque from a 2.4-liter inline-four paired with two electric motors. AWD is standard. The PHEV version of Mitsubishi's compact SUV is much quicker than the gas-only model, requiring just 6.5 seconds to accelerate from 0 to 60 mph rather than the standard Outlander's time of 8.6 seconds. This is a difference you'll feel on the road. EV Range and Charging Should Mitsubishi continue to outfit the Outlander Hybrid with a 20.0-kWh battery pack, we expect an all-electric range of 38 miles before the gas engine kicks in. That's pretty good, beating the 2025 Kia Sportage and Ford Escape plug-in hybrids, but is outdone by the Toyota RAV4 Plug-In. The 2026 Sportage may also match the Mitsubishi in electric range. Using CHAdeMO fast charging, the battery can be charged from empty to 80 percent in 38 minutes. Finding a charger that runs on CHAdeMO instead of the more common CCS or Tesla-based NACS standards may be a challenge, but most will stick with slower Level 2 charging. Using a 240V outlet takes 6.5 hours for a full charge, while a simple 120V outlet can yield a full charge in 16 hours. Range totals 420 miles using both gasoline and electric power. Mitsubishi's Generous Warranty Not only is the 2026 Mitsubishi Outlander Hybrid a solid option in the plug-in hybrid SUV segment, it's expected to continue to be sold with a strong warranty. The Mitsubishi Motors Confidence warranties include: A 10-year/100,000-mile powertrain limited warranty A five-year/60,000-mile new vehicle limited warranty A seven-year/100,000-mile anti-corrosion/perforation limited warranty There's also a two-year/30,000 limited maintenance program with complimentary service. If something goes wrong while you're driving, Mitsubishi includes a five-year/unlimited-mile roadside assistance program. Safety Features All versions of the 2026 Mitsubishi Outlander Hybrid come equipped with the Mi-Pilot Assist suite of active driver assistance features. Standard equipment includes adaptive cruise control, lane keeping assist, and traffic sign recognition. Front and rear automatic emergency braking, automatic high-beams, a driver focus warning, blind-spot monitoring, and rear cross-traffic monitoring are available. Cargo Space and Interior Room Although there's plenty of space for people in the first and second rows, the third row offers insufficient legroom for adults. The rear seats fold away, however, opening up a voluminous cargo area. Technology The 2026 Mitsubishi Outlander Hybrid is expected to come equipped with a generous list of standard technology features. Entry-level models should receive a 12.3-inch driver display, push-button start, front USB ports, and an updated 12.3-inch touchscreen with Apple CarPlay and Android Auto compatibility. Higher trims should continue to offer a wireless phone charger, heated front seats, a hands-free power liftgate, rain-sensing wipers, and a 360-degree camera. 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High Dividend, Monthly Payouts: An 8.7% Opportunity
High Dividend, Monthly Payouts: An 8.7% Opportunity

Yahoo

time11 hours ago

  • Yahoo

High Dividend, Monthly Payouts: An 8.7% Opportunity

Written by Christopher Liew, CFA at The Motley Fool Canada The oil and natural gas industry is a major source of government revenues and a vital part of Canada's economy. Based on data from the Canadian Association of Petroleum Producers, the sector accounted for 3% of the country's gross domestic product (GDP) in 2024. Moreover, oil, natural gas, and refined products account for approximately 20% of Canada's balance of trade. Energy stocks are also popular among investors due to their generous dividends and potential to generate additional returns from rising oil and gas prices. A buying opportunity today, if not a total package for income seekers, is Freehold Royalties (TSX:FRU). Besides the high 8.7% dividend yield, the payout frequency is monthly. The $2-billion royalty oil and gas company owns about 6.1 million acres of land in Canada. In the U.S., its land base is approximately 1.2 million gross drilling acres and continues to expand. As a royalty-interest owner, it benefits from industry drilling activities on the lands subject to the royalty. Freehold receives royalty income from more than 380 industry operators. It manages the assets but spends zero on well operations, maintenance, production, and land restoration to its original state. Operators pay all related costs, while Freehold focuses on business development and accretive acquisitions. Management believes that Freehold is uniquely positioned as a leader in North American energy royalties. Around 25% of key royalty payors have a market capitalization of $10 billion. Top operators or drillers include Exxon Mobil, ConocoPhillips, Canadian Natural Resources, and Tourmaline Oil. Freehold is committed to delivering income growth and durable returns through strategic expansion and targeted acquisitions. The strategy is to concentrate on high-margin and long-duration royalties. Additionally, collaborating with investment-grade operators that have long-term perspectives is advantageous. Regarding inventory life, the Canadian side is 40 years and the U.S. portion is 30 years. Future optionality includes the expansion of geologic zones, improved drilling, and the discovery of other minerals or metals. In Q1 2025, Freehold reported a 23% year-over-year increase in royalty and other revenue to $91.1 million. The 14 and 11 new leases signed in Canada and the U.S. contributed $3.9 million in revenue. Net income and cash flow from operations rose 10% and 20% to $37.3 million and $62.9 million compared to Q1 2024. Its President and CEO, David M. Spyker, said, 'Freehold's Q1-2025 production of 16,248 barrels of oil equivalent per day (boe/d) is at the highest levels in our corporate history, in step with the high-quality acquisition work completed in late 2024. Spyker added, 'The deliberate and strategic build out of our North American royalty portfolio has resulted in a balanced revenue base with Canada contributing 46% of revenue in Q1-2025 and the U.S. contributing 54%. The industry is in excellent shape to manage commodity price volatility due to the capital discipline and prudent balance sheet management approach over the past number of years.' Freehold has been paying monthly dividends (no fail) since April 1998. The current share price is $12.27, while the regular monthly dividend remains fixed at $0.09 per share for now. A $13,730 investment today transforms into $100 in monthly passive income. The post High Dividend, Monthly Payouts: An 8.7% Opportunity appeared first on The Motley Fool Canada. Before you buy stock in Freehold Royalties Ltd., consider this: The Motley Fool Stock Advisor Canada analyst team just identified what they believe are the Top Stocks for 2025 and Beyond for investors to buy now… and Freehold Royalties Ltd. wasn't one of them. The Top Stocks that made the cut could potentially produce monster returns in the coming years. Consider MercadoLibre, which we first recommended on January 8, 2014 ... if you invested $1,000 in the 'eBay of Latin America' at the time of our recommendation, you'd have $21,345.77!* Stock Advisor Canada provides investors with an easy-to-follow blueprint for success, including guidance on building a portfolio, regular updates from analysts, and two new stock picks each month – one from Canada and one from the U.S. The Stock Advisor Canada service has outperformed the return of S&P/TSX Composite Index by 24 percentage points since 2013*. See the Top Stocks * Returns as of 4/21/25 More reading Made in Canada: 5 Homegrown Stocks Ready for the 'Buy Local' Revolution [PREMIUM PICKS] Market Volatility Toolkit Best Canadian Stocks to Buy in 2025 Beginner Investors: 4 Top Canadian Stocks to Buy for 2025 5 Years From Now, You'll Probably Wish You Grabbed These Stocks Subscribe to Motley Fool Canada on YouTube Fool contributor Christopher Liew has no position in any of the stocks mentioned. The Motley Fool recommends Canadian Natural Resources, Freehold Royalties, and Tourmaline Oil. The Motley Fool has a disclosure policy. 2025 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

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