Mitsubishi Motors Ltd. slashes the launch price of its i-MiEV electric vehicle in the U.K. 25% to £28,990 ($44,917). The reduction is down from the EV’s £38,699 ($59,913) price tag the auto maker announced March 23. Delivery is set to begin Jan. 1. Both prices are before the government’s £5,000 ($7,748) consumer incentive, which drops the price to £23,990 ($37,177). Lance Bradley, Mitsubishi Motors U.K. managing director, says the price realignment signals the auto maker’s global ...

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