Hanoi, April 7 -- The Philippines is set to produce its first domestically made hybrid electric vehicles (HEVs) after Mitsubishi Motors Corp. (MMC) announced plans to establish a dedicated production line at its plant in Santa Rosa, Laguna. MMC President and CEO Takao Kato presented the plan during a meeting with President Ferdinand R. Marcos Jr. and Finance Secretary Frederick Go on April 6, highlighting investor confidence in the Philippine economy. Go described the investment as a milestone that could reshape the country's automotive industry and potentially position the Philippines as a hybrid vehicle exporter. Implemented through Mitsubishi Motors Philippines Corp., the project aims to localise advanced vehicle production, support clea...