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Latest Business News

Mitsubishi Tests Electric Car

Tuesday, March 18, 2008 6:35:33 PM
By DEE-ANN DURBIN

The iMiEV concept car is seen during a test drive through the streets of Manhattan, Tuesday, March 18, 2008 in New York.  (AP Photo/Mary Altaffer)NEW YORK (AP) - Mitsubishi Motors Corp. is testing U.S. reaction to an all-electric car at this week's New York International Auto Show.

The four-door iMiEV can run for 80 miles on a full charge. Mitsubishi plans to begin selling the car in Japan to fleet customers in mid-2009 and to the general public in 2010, the company's managing director for product development, Tetsuro Aikawa, said Tuesday. The car will cost between $25,000 and $30,000 in Japan, or up to $7,000 more than its high-mileage, gas-powered counterpart, the i minicar.

Aikawa said Mitsubishi will consider bringing the car to the U.S. or Europe after 2010 if there is enough demand for a small electric car. The iMiEV is smaller than a subcompact, about the size of a four-door Smart car.


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