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

JapanTokyo

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

Mitsubishi Electric Mobility valuation by funding round
DateStageValuationRevenue Multiple
Oct 2026Secondary$2B0.4x

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

Mitsubishi Electric Mobility revenue and valuation multiple by funding round
DateRevenue *ValuationRevenue MultipleStage
Oct 2026$5.5B$2B0.4xSecondary

* 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

Mitsubishi Electric Mobility funding rounds
DateStageInvestorsRaisedValuationDeal Summary
Oct 2026SecondaryLin Yin International Investment$728M$2BLin 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

Investors in Mitsubishi Electric Mobility by funding rounds participated
InvestorHQRoundsRoleFirst check

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Mitsubishi 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.

Public and private companies comparable to Mitsubishi Electric Mobility
CompanyHQStatusRevenueEBITDAValuationRevenue Multiple
WeRideChinaChinaPublicly listed$103M($259M)$1.4B4.6x
SemiDriveChinaBeijingPrivate--$1.9B-
Motherson Sumi WiringIndiaIndiaPublicly listed$1.2B$111M$2.5B1.8x
QuantumScapeUnited StatesUnited StatesPublicly listed-($397M)$2.5B-
The Telepass GroupItalyRomePrivate--$2.5B-
Ola ElectricIndiaIndiaPublicly listed$217M($98M)$1.5B6.9x

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 FYEV/RevenueEV/EBITDA
RevenueEBITDALast FYLTM2027ELast FYLTM2027E
Autel Intelligent Tech$726M$197M2.7x2.3x9.9x8.9x
Koncar Distributivni$572M$196M3.1x-8.9x-
Signify$6.4B$666M0.5x0.5x4.9x4.9x
Jiangsu Leili Motor Corp$628M$80M3.3x2.9x25.7x31.7x
Nokian Tyres$1.5B$179M2.0x1.9x17.1x10.8x
Intretech$621M$133M3.6x2.8x16.8x16.5x
Pony AI$90M($71M)12.0x7.6x(15.3x)(4.4x)
BDStar$332M($12M)6.0x-(163.4x)-

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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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