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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)."

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