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Plug In Drivers Not Missin' the Piston

This is the Kodak Moment for the Auto Industry. Electric vehicles are here to stay. Their market acceptance and growth will continue....

Sunday, August 15, 2010

i-Miev: Japanese Buyers Flock To Buy Mitsubishi's Affordable Electric Car

i-Miev: Japanese Buyers Flock To Buy Mitsubishi's Affordable Electric Car: "Japan's first mass-market electric car went on sale in showrooms Thursday as the futuristic technology becomes more affordable amid a burgeoning price war.

The four-seater bubble-shaped i-MiEV from Mitsubishi Motors Corp., Japan's fifth-biggest automaker, costs 2.8 million yen ($30,500) after government incentives are figured into the price of 4 million yen ($43,000).

Proud i-MiEV buyer Chitoshi Okunuki, 72, placed an advance order at a higher price in August and was thrilled at Mitsubishi's decision Tuesday to cut the price by 620,000 yen ($6,700)."