- Companies
- Mitsubishi Electric Mobility
Mitsubishi Electric Mobility Revenue, Valuation, Funding & Investors
Mitsubishi Electric Mobility is valued at $2B as of October 2026, a 0.4x revenue multiple. Mitsubishi Electric Mobility revenue was $5.5B, as disclosed with its latest round.
Last Mitsubishi Electric Mobility valuation
$2B
Secondary · Oct 2026
Mitsubishi Electric Mobility revenue
$5.5B
Secondary · Oct 2026
Key investors in Mitsubishi Electric Mobility
Lin Yin International Investment
Mitsubishi Electric Mobility Overview
About Mitsubishi Electric Mobility
Mitsubishi Electric Mobility is a member of the Mitsubishi Electric Group that develops automotive technologies and components. Its newer business areas address electrification, advanced driver assistance systems (ADAS) and robot delivery services, tied to the CASE and MaaS trends in mobility. Its established lines supply powertrain components, vehicle control products and in-vehicle infotainment, including technology that improves the fuel efficiency of internal combustion engines and the safety and reliability of vehicles. The company sells to vehicle makers and other automotive customers, and it is owned by the Mitsubishi Electric Group.
HQ
Status
Privately held
Customer focus
B2B
Revenue model
Product sales
Revenue
$5.5B (Oct 2026)
Valuation
$2B (Oct 2026)
Mitsubishi Electric Mobility Valuation
Mitsubishi Electric Mobility is currently valued at $2B, based on its secondary sale in October 2026. Read the announcement ↗
The $728M round included Lin Yin International Investment.
Mitsubishi Electric Mobility valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Oct 2026 | Secondary | $2B | 0.4x |
Mitsubishi Electric Mobility Revenue
Mitsubishi Electric Mobility's latest recorded revenue is $5.5B, as of its secondary sale in October 2026. At a $2B valuation, that implies a 0.4x revenue multiple.
Mitsubishi Electric Mobility revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Oct 2026 | $5.5B | $2B | 0.4x | Secondary |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Mitsubishi Electric Mobility Funding History
Mitsubishi Electric Mobility has 1 recorded secondary share sale and no primary funding rounds.
Mitsubishi Electric Mobility funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Oct 2026 | Secondary | Lin Yin International Investment | $728M | $2B | Lin Yin International Investment Co., Ltd., an investment management subsidiary of Hon Hai Precision Industry (Foxconn), agreed in October 2026 to acquire 50% of the shares of Mitsubishi Electric Mobility Corporation from Mitsubishi Electric Corporation. The share transfer price is expected to be JPY 115.0 billion, based on an agreed enterprise value of JPY 320.0 billion and an equity value of JPY 230.0 billion for the automotive equipment business. Completion is expected in October 2027 and is subject to competition-law approvals and other conditions. Before the share transfer, Mitsubishi Electric will move its automotive equipment business into the company through an absorption-type company split and an intra-group reorganization, and the two owners will then operate it jointly. The parties said the arrangement would combine the company's capabilities in electric powertrains, software and vehicle control with Hon Hai's speed, scale and market deployment strengths. The transaction follows a memorandum of understanding signed in April 2026. Mitsubishi Electric Mobility was established on 1 April 2024, is wholly owned by Mitsubishi Electric and is based in Tokyo. The automotive equipment business to be contributed reported revenue of JPY 875.6 billion for the fiscal year ended March 2026. |
Who has invested in Mitsubishi Electric Mobility?
1 investor has backed Mitsubishi Electric Mobility across its funding rounds, including Lin Yin International Investment.
Mitsubishi Electric Mobility Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Start Free TrialMitsubishi Electric Mobility Competitors
Mitsubishi Electric Mobility competitors include listed companies like WeRide, Motherson Sumi Wiring, QuantumScape and Ola Electric, and private ones like SemiDrive and The Telepass Group.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $103M | ($259M) | $1.4B | 4.6x | ||
| Private | - | - | $1.9B | - | ||
| Publicly listed | $1.2B | $111M | $2.5B | 1.8x | ||
| Publicly listed | - | ($397M) | $2.5B | - | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $217M | ($98M) | $1.5B | 6.9x |
Mitsubishi Electric Mobility Public Comps
Mitsubishi Electric Mobility is still privately-owned, but its public comps include Autel Intelligent Tech, Koncar Distributivni, Signify, Jiangsu Leili Motor Corp, Nokian Tyres, Intretech, Pony AI, BDStar, Hammond Power Solutions and Castrol India.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $726M | $197M | 2.7x | 2.3x | 9.9x | 8.9x | |||
| $572M | $196M | 3.1x | - | 8.9x | - | |||
| $6.4B | $666M | 0.5x | 0.5x | 4.9x | 4.9x | |||
| $628M | $80M | 3.3x | 2.9x | 25.7x | 31.7x | |||
| $1.5B | $179M | 2.0x | 1.9x | 17.1x | 10.8x | |||
| $621M | $133M | 3.6x | 2.8x | 16.8x | 16.5x | |||
| $90M | ($71M) | 12.0x | 7.6x | (15.3x) | (4.4x) | |||
| $332M | ($12M) | 6.0x | - | (163.4x) | - | |||
This data is available for Pro users. Sign up to see all Mitsubishi Electric Mobility competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Mitsubishi Electric Mobility
| Where is Mitsubishi Electric Mobility headquartered? | Mitsubishi Electric Mobility is headquartered in Tokyo, Japan. |
| Is Mitsubishi Electric Mobility publicly listed? | No, Mitsubishi Electric Mobility is a private, VC-backed company. |
| What is Mitsubishi Electric Mobility's valuation? | Mitsubishi Electric Mobility was last valued at $2B in its secondary sale in October 2026. |
| Who are Mitsubishi Electric Mobility's investors? | Mitsubishi Electric Mobility's investors include Lin Yin International Investment. |
| What is Mitsubishi Electric Mobility's revenue? | Mitsubishi Electric Mobility's latest recorded revenue is $5.5B (October 2026). |
| What is Mitsubishi Electric Mobility's revenue multiple? | Mitsubishi Electric Mobility's latest valuation implies a 0.4x revenue multiple ($2B valuation on $5.5B of revenue). |
| Which companies are comparable to Mitsubishi Electric Mobility? | Companies comparable to Mitsubishi Electric Mobility include WeRide, SemiDrive, Motherson Sumi Wiring, QuantumScape, The Telepass Group and Ola Electric. |
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