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Mitsubishi iMiEV price cut, plug-in hybrid version coming

With incentives, Mitsubishi's all-electric i MiEV car will cost about $31,300 when it goes on sale in Japan later this year. That's a pile of cash for the zero-tailpipe emissions car. The good news is that Mitsubishi's president has announced that it plans to cut the price in half (!) by the "mid-2010s," according to Bloomberg. Since the pre-incentive price is in the mid-$40,000s, the price for the i MiEV should be around $21,000 in five or so years. Another surprise: a plug-in hybrid i MiEV will go on sale in 2013. Will it be called the ... Read more →

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