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The 2026 Nissan Leaf will serve as the model for Mitsubishi’s next electric vehicle

Mitsubishi’s next EV

Mitsubishi Motors is making a significant return to the electric vehicle market in North America with an all-new EV set to launch in summer 2026. This marks the Japanese automaker’s second fully-electric offering in the U.S. market since its pioneering but short-lived i-MiEV debuted over a decade ago.

The yet-unnamed vehicle will share its platform with Nissan’s third-generation Leaf, utilizing the advanced CMF-EV architecture that currently underpins the Nissan Ariya SUV. This strategic partnership within the Renault-Nissan-Mitsubishi Alliance allows Mitsubishi to accelerate its EV development while keeping costs competitive.

Key Details About Mitsubishi’s New EV

Platform and Performance

  • Built on Nissan’s CMF-EV platform (shared with Ariya and next-gen Leaf)
  • Expected to offer up to 304 miles of range (based on Ariya’s performance)
  • Likely to feature dual-motor AWD option (following Alliance trends)

Market Positioning

  • Part of Mitsubishi’s “Momentum 2030” growth strategy
  • Will join an electrified lineup including the popular Outlander PHEV
  • Represents Mitsubishi’s commitment to offering ICE, PHEV, and BEV options

Why This Launch Matters

1. Mitsubishi’s North American Resurgence

The automaker reported an 11% year-over-year sales increase in Q1 2025, largely driven by its Outlander SUV series. This new EV could help capitalize on that momentum as consumer interest in electric vehicles continues to grow.

2. Filling a Critical Market Gap

As Mark Chaffin, CEO of Mitsubishi Motors North America, stated:

“Our new lineup will give customers the choice of technology that best suits their needs.”

This approach acknowledges that different buyers have varying readiness levels for full electrification.

3. Manufacturing Considerations

A major unanswered question is where Mitsubishi will produce the vehicle:

  • The company’s former Normal, IL plant now belongs to Rivian
  • Avoiding 25% import tariffs on Japanese-built vehicles may require domestic production
  • Potential for utilizing Nissan’s Smyrna, TN facility or other Alliance plants

Competitive Landscape

The new Mitsubishi EV will enter a crowded but growing segment, competing with:

  • Nissan Ariya (platform sibling)
  • Toyota bZ4X
  • Hyundai Kona Electric
  • Chevrolet Equinox EV

Mitsubishi’s potential advantages could include:

  • More affordable pricing than the Ariya
  • Unique styling and packaging
  • Enhanced off-road capabilities (leveraging Mitsubishi’s 4WD heritage)

What We’re Still Waiting to Learn

Mitsubishi has been tight-lipped about specific details, leaving several key questions unanswered:

  • Exact battery size and charging capabilities
  • Pricing strategy (likely between 35,000−35,000−45,000)
  • Production location and capacity
  • Unique selling points versus Nissan-badged counterparts

The Bigger Picture: Mitsubishi’s Electrification Roadmap

This launch represents just the beginning of Mitsubishi’s renewed electrification push. The company has committed to introducing:

  • A new or significantly revised model every year from 2026-2030
  • Multiple EV options across segments
  • Continued development of PHEV technology

For consumers, this means more choices from a brand known for capable, affordable vehicles. For the industry, it signals that even smaller automakers are making serious commitments to electrification.

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Last night, an audacious new automaker named Slate Auto unveiled its first vehicle—a minimalist, no-frills electric truck designed to combat America’s obsession with oversized, overpowered vehicles. With a target price under $20,000 (after incentives), 150 miles of range, and stripped-back design, the Slate Truck is a bold experiment in right-sizing personal transportation.

But will it succeed in a market dominated by monster trucks and SUVs?


Why America’s Obsession With Bigger Trucks Is a Problem

1. The Rise of the “Land Yacht”

  • In 2024, trucks and SUVs made up 75% of new vehicle sales—up from just 50% a decade ago.
  • The average new car now weighs over 5,000 lbs (2.27 tons), with EVs like the Ford F-150 Lightning pushing 6,500 lbs.
  • Bigger vehicles = deadlier roads:
    • Pedestrian deaths surged 57% from 2013–2022 (NHTSA).
    • Trucks with tall hoods (40+ inches) are 44% more lethal (IIHS).

2. The “Compact Truck” Is Nearly Extinct

  • Ford Maverick (2024):
    • 199.7 inches long, 83.5 inches wide
    • Considered “small” by today’s standards
  • Slate Truck:
    • 174.6 inches long, 70.6 inches wide
    • Closer in size to a classic 1985 Toyota pickup

“Our roads are packed with roving land yachts. The Slate Truck is a throwback to when vehicles were sized for humans, not egos.”


Slate Truck: What You Get (And What You Don’t)

✅ The Good: Simple, Affordable, Functional

✔ **20KPriceTag∗∗–Halfthecostofanaveragenewcar(20KPriceTag∗∗–Halfthecostofanaveragenewcar(49,740).
✔ No Bloatware – No touchscreen, no stereo, no paint (keeps costs down).
✔ Smartphone-Centric – Uses a phone/tablet mount + basic gauge cluster.
✔ Practical Hauling – 1,433 lbs payload, 1,000 lbs towing (enough for most users).

❌ The Trade-Offs

  • 150-Mile Range – Fine for city use, but not for road trips.
  • No Luxury Features – If you want Apple CarPlay or a premium sound system, look elsewhere.
  • Aftermarket Customization Required – Want paint? A stereo? You’ll have to DIY.

Could This Be the Start of a “Small Truck” Revival?

Why the Timing Might Be Right

  • EV Incentives – Federal tax credits could keep prices under $20K.
  • Younger Buyers – Gen Z and Millennials prefer affordability over status symbols.
  • Urban Living – Smaller trucks are easier to park in cities.

The Biggest Challenges

⚠ Consumer Psychology – Will buyers reject a “cheap” truck in a premium-obsessed market?
⚠ Political Risk – A Trump win could kill EV tax credits, raising the price.
⚠ Production Realities – Most EV startups fail. Can Slate deliver by 2026?


Verdict: A Long Shot, But a Necessary One

The Slate Truck isn’t for everyone—but it doesn’t need to be. If even 5% of truck buyers opt for a smaller, cheaper, more efficient alternative, it could shift the auto industry’s trajectory.

Final Question:

Would you drive a $20K electric truck with no frills?

  • Yes, if it saves money!
  • No, I need more power/luxury.

During Alphabet’s recent earnings call, CEO Sundar Pichai revealed that Waymo is considering selling autonomous vehicles for personal ownership, marking a potential strategic expansion beyond its current ride-hailing services. This “future optionality around personal ownership” represents a significant evolution for the autonomous vehicle pioneer that has primarily focused on commercial fleet operations until now.

Historical Context and Current Partnerships

  • 2018 Chrysler Partnership: Waymo previously collaborated with Chrysler to develop autonomous Pacifica minivans, exploring private ownership models
  • Current Commercial Operations: Waymo maintains partnerships with Moove in Miami and Uber in Austin (with Atlanta expansion coming soon)
  • Global Expansion: The company recently began testing in Japan, demonstrating its growing international presence

The Emerging Personal AV Market Landscape

Waymo’s Potential Consumer Offering

While details remain scarce, industry analysts speculate that Waymo’s consumer vehicles might feature:

  • The same advanced sensor suite (including lidar) used in current Jaguar I-Pace robotaxis
  • Five-seat configurations similar to existing fleet vehicles
  • Potentially higher price points reflecting their premium technology

Tesla’s Competing Vision

Elon Musk has outlined Tesla’s very different approach:

  • Cybercab Concept: A $30,000 two-seater targeting 2026 availability
  • Minimalist Design: No steering wheel and camera-only perception system
  • Aggressive Timeline: Promises of “millions” of autonomous Teslas by late 2025

Critical Differences in Technology and Strategy

Sensor Philosophy

  • Waymo: Relies on comprehensive sensor arrays including lidar, radar and cameras
  • Tesla: Bets entirely on camera-based “Tesla Vision” with no lidar

Business Model Evolution

  • Waymo: Potentially transitioning from B2B to B2C while maintaining commercial operations
  • Tesla: Building on existing consumer sales while adding robotaxi functionality

Current Operational Reality

  • Waymo Advantage: Hundreds of vehicles already operating in multiple cities
  • Tesla’s Challenge: Still awaiting regulatory approval for fully autonomous operations

The Road Ahead for Personal AV Adoption

Key Challenges Both Companies Face

  1. Regulatory Hurdles: Approval processes for consumer-owned autonomous vehicles
  2. Insurance Complexities: Developing coverage models for owner-operated robotaxis
  3. Maintenance Infrastructure: Creating service networks for advanced AV systems
  4. Consumer Acceptance: Overcoming public skepticism about self-driving technology

Market Potential

Industry analysts project:

  • The global autonomous vehicle market could reach $2 trillion by 2030
  • Personal AVs may represent 30-40% of total AV sales by 2035
  • Early adopters likely to be tech enthusiasts and luxury vehicle buyers

Expert Perspectives on the Coming AV Wars

“Waymo’s potential move into consumer sales represents a natural evolution,” says Dr. Sarah Chen, MIT Mobility Initiative researcher. “Their rigorous approach to safety and proven technology gives them an advantage, but Tesla’s existing customer base and manufacturing scale present formidable competition.”

Automotive analyst James Follett notes: “The fundamental difference in sensor strategies will make for an interesting case study in AV development. We’re essentially seeing two completely different technological philosophies competing for the same market.”

What This Means for Consumers

As the personal AV market develops, potential buyers should consider:

  • Safety Records: Compare real-world performance data as it becomes available
  • Total Cost of Ownership: Factor in potential savings from robotaxi income
  • Geographic Availability: Services will likely roll out in select markets first
  • Technology Maturity: Early versions may have operational limitations

The coming years will prove crucial in determining whether Waymo’s methodical, safety-first approach or Tesla’s ambitious, scale-focused strategy will dominate the personal autonomous vehicle market. One thing is certain: the race to put self-driving cars in private garages is heating up.

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