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Mitsubishi Electric Battery Slashes Car Price

Mitsubishi is working on an all new lithium-ion battery pack. This updated power plan is so resourceful yet inexpensive that it could slash the price of future electric vehicle ownership by the Japanese auto maker. How much will you save? Upwards of 75%.

So how do you only pay for 25% of the rechargeable battery powerplant in your new hybrid car? Simple: split the cost three ways.
Tokyo, October 6, 2010 - Mitsubishi Motors Corporation (MMC) today announced the start of production of its European-spec i-MiEV new-generation electric vehicle along with production of PSA Peugeot Citro?n's (PSA) Peugeot iOn and Citro?n C-ZERO at its Mizushima Plant.
 
MMC has been producing and selling the Japan-spec i-MiEV since last year. With the production of the European-spec models, MMC begins full-fledged export. In fiscal year 2010 (April, 2010 - March, 2011) MMC plans to?