The Lancer platform was completely changed in 1996, and with it throughout evolution, which has become very popular throughout the world. The engine and transaxle was rotated 180 ° to better balance the weight and eliminate torque steer. There are two versions available, the RS and GSR. The RS version was produced as a competition car with a limited-slip front differential and a friction type LSD at the rear. It also came with GLX seats and 16 "(41 cm) steel wheels as these were the themes that would be replaced by anyone entering the car in competition. The RS also close windows, air conditioning, and a couple of bars Keys to reinforce the chassis, one behind the front grill and the other across the boot floor. The RS also had a factory option of thinner body panels and thinner glass. The GSR and the RS shared a new double displacement turbocharger, which helped increase the power of 280 CV (276 hp/206 kW) at 6,500 rpm and 260 ft lbf (352 N m) of torque at 3,000 rpm.
Mitsubishi Active Yaw Control again appeared as a factory option on the GSR model, which uses the address, the throttle input sensors and g sensors to control equipment hydraulic torque split individually to the rear wheels, and as a result the 10,000 Evolution IVS produced all sold quickly. Evolution IV can be distinguished by its two large fog lights in front bumper (option on RS version) and the newly designed tail lights on the rear, which became a standard design for the evolution VI, which would become another brand of the Evolution series. This new generation was slightly heavier than previous Evos-the GSR in particular due to increased technology systems, but to counter this, the car produced even more power the weight of the RS 1260 is kg and the GSR is 1345 kg.