Mitsubishi Motors Corp. will begin leasing its 100-mile- (160-km)-range i-MiEV electric vehicle in late July in Japan, with a starting price of ¥4.599 million ($46,929). “This is not the price that ordinary people can easily buy,” MMC President Osamu Masuko reportedly tells media Friday in Tokyo. “But as we increase our production, we aim to cut the price below ¥2 million ($20,421).” Hybrid-electric vehicles from both Toyota Motor Corp. and Honda Motor Co. Ltd. sticker at about the ¥2 ...
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