We consider the existence of invariant manifolds to evolution equations u ′ ( t ) = A u ( t ) u’(t)=Au(t) , A : D ( A ) ⊂ X → X A:D(A)\subset \mathbb {X}\to \mathbb {X} near its equilibrium A ( 0 ) = 0 A(0)=0 under the assumption that its proto-derivative ∂ A ( x ) \partial A(x) exists and is continuous in x ∈ D ( A ) x\in D(A) in the sense of Yosida distance. Yosida distance between two (unbounded) linear operators U U and V V in a Banach space X \mathbb {X} is defined as d Y ( U , V ) ≔ lim sup μ → + ∞ ‖ U μ − V μ ‖ d_Y(U,V)≔\limsup _{\mu \to +\infty } \| U_\mu -V_\mu \| , where U μ U_\mu and V μ V_\mu are the Yosida approximations of U U and V V , respectively. We show that the above-mentioned equation has local stable and unstable invariant manifolds near an exponentially dichotomous equilibrium if the proto-derivative of ∂ A \partial A is continuous in the sense of Yosida distance. The Yosida distance approach allows us to generalize the well-known results with possible applications to larger classes of partial differential equations and functional differential equations. The obtained results seem to be new.