Mitsubishi Cuts Price of EV Sold in Japan Market About 25%

Newswire

By Yoko Kubota TOKYO, Nov 14 (Reuters) - Mitsubishi Motors Corp has slashed the price of its i-MiEV electric minicar in Japan by up to $9,100, aiming to boost sluggish sales as makers of electric vehicles face slower-than-expected acceptance of the technology. Japan's sixth-biggest carmaker, which started selling the i-MiEV in 2009, said on Thursday it was dropping the price of its top of the range i-MiEV by around 25 percent, or 900,000 yen ($9,100), to 2.9 million yen. With ...

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