Sunday, November 24, 2013

Mitsubishi Motors cuts Japan electric car price by up to US$9,100(RM29,200)

This is something for Mitsubishi Motors Malaysia and the policy makers to think about.

In Japan, the electric car, i-MiEV is now selling at (after price cut and government subsidy):
  • Top range   - ¥2.0 million (about RM63,400)
  • Entry level  - ¥1.7 million (about RM53,900)

Mitsubishi's all-electric car, the i-MiEV is selling at RM139,888 (on the road) in Malaysia.

Acceptance is slower than expected

Mitsubishi Motors Corp has slashed the price of its i-MiEV electric minicar in Japan by up to US$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 it was dropping the price of its top of the range i-MiEV by around 25%, or 900,000 yen (RM29,200 at current exchange rate), to ¥2.9 million.

With government subsidies, the model can be bought in Japan for around ¥2 million.

Mitsubishi Motors also cut the price of the entry level i-MiEV by 190,000 yen to ¥2.5 million, which with subsidies can be bought for about ¥1.7 million.

TheGreenMechanics: If we want to encourage the adoption of energy efficient and electric vehicles in this country, we really need to relook at the relevant policies and make such vehicles affordable to many.

Full article at The Malay Mail


thomas said...

Good move,hope the same is done here.

de engineur said...

Would be good. But infrastructure need to be ready for people to start buying electric cars. E.g., charging stations.