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Mitsubishi i-MiEV launching in November 2009, with a $31,000 and $37,000 price range

5:18 PM, Posted by Ertai, One Comment


Mitsubishi i-MiEV will be one of the first 'pure' electric cars being available in the UK.

It is a 4-door 5-seater than can travel 100 miles, or 160 Km, on a single charge.

It was just announced that the cars will become available for purchase in England beginning in November 2009. At first there will only be 50 vehicles made available, with another 150 arriving in 2010. Mitsubishi hopes to eventually sell 40,000 iMiEvs per year.

The price is being quoted as between £20,000 and £25,000 ($30,844-$37,800 USD).

The Mitsubishi i-MiEV will also abe vailable in a sports version, pictured below:

20% of all vehicles sold in U.S. to be hybrids by 2020

6:29 PM, Posted by Ertai, No Comment

According to a recent study conducted by JPMorgan, hybrid sales are about to take off. Last year, there were some 480,000 total hybrid vehicles sold around the world, which represents less than 1% of global sales. By 2020, though, JPMorgan predicts that 11.28 million hybrids will be sold annually, representing over 13% of all vehicles sold.

Much of that increase in sales will be attributed to the United States, as the report suggests that hybrids will capture nearly 20% of total market share in this country. The study suggests that the increase in hybrid vehicle sales will be influenced by such factors such as increased pressure from government agencies to reduce fuel consumption and overall vehicle emissions, as well as a drastic reduction in the cost of hybrid technology.


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