Mitsui & Co., Ltd. Invests in Kite Mobility to Accelerate Shared Electric Mobility in Canada and Beyond [Canadian Business Journal (Canada)]
MITSUI & CO LTD ADR (MITSY)
US:NASDAQ Investor Relations:
mitsui.com/us
Company Research
Source: Canadian Business Journal
TORONTO and TOKYO, Oct. 21, 2025 (GLOBE NEWSWIRE) —Mitsui & Co., Ltd.Kite MobilityThis partnership combines Mitsui’s global expertise in mobility and sustainability with Kite’s innovative, community-based model, enabling faster growth across Canada and laying the foundation for international expansion.The 2025 Lexus RZ now offered within the Kite modelKite operates a tech-enabled mobility model that integrates shared electric vehicles directly into residential and mixed-use communities. By working with large real estate developers across Canada, Kite helps residents and visitors access clean, affordable transportation while reducing the need for private car ownership and excess parking infrastructure.“This investment from Mitsui marks the next major milestone for Kite,” said Scott Macwilliam, Founder & CEO, Kite Mobility. “We are proud that our first-to-market mobility-as-an-amenity model continues to experience strong demand. In partnership with market-leading real estate developers,
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