Mitsubishi Motors Corporation has formally ended its decades-long manufacturing involvement in China by dissolving its joint venture with Shenyang Aerospace Mit. Engine Mfg. Ltd., marking the final step in its withdrawal from the Chinese automotive sector. The move follows the cessation of Mitsubishi’s local vehicle production in 2023 and is being seen as a strategic response to the sweeping transformation of China’s car industry, now heavily dominated by electric vehicles (EVs).
The joint venture, Shenyang Aerospace Mitsubishi, was established in August 1997 and had played a central role in Mitsubishi’s operations in China. The engine plant, which began production in 1998, manufactured powertrains for both Mitsubishi’s own models and a wide range of vehicles from Chinese manufacturers. However, on 2 July 2025, the entity was officially rebranded as Shenyang Guoqing Power Technology Co., Ltd., following the exit of Mitsubishi Motors and Mitsubishi Corporation as shareholders.
In announcing its exit, Mitsubishi Motors cited the accelerated transformation of China’s automotive landscape, particularly its rapid adoption of electrified vehicles, as the key reason for its strategic pullout. The company signalled that this decision was part of a broader reassessment of its regional business focus.
