Mitsubishi launches less expensive i-MiEV electric car

Japan’s Mitsubishi Motors Corp. announced the launch of two versions of the i-MiEV electric car. The company cut the price of one version and extended the range of the other. Mitsubishi Motors has sold 10,000 units of the i-MiEV electric car. Mitsubishi is offering an entry level M version at US$32,000. “We will try to keep the price down even when the subsidies go away,” President Osamu Masuko said. The G version has had the range of the vehicle extended to 110 miles on a full charge. Mitsubishi plans to sell 6,000 i-MiEVs in Japan during this fiscal year and 25,000 globally. (July 6, 2011)