Mitsubishi Motors Corporation is considered to be one of the notable car manufacturer's in the world today and they have now launched their new car i-MiEV, which is an electric vehicle. The company unveiled the i-MiEV at its headquarters in Tokyo.
The major feature that relates with this new car i-MiEV is that it can powered solely by electricity, and can be recharged from a regular home socket. The four-seater vehicle can run up to 160 kilometres (100 miles) after charging seven hours at 200 volts. The other notable thing is that it is a zero-emission vehicle and it does not rely on oil, which is different from hybrid cars.
The major letdown with this new car is that it is twice as expensive as popular hybrid cars by rivals Toyota and Honda. Mitsubishi's i-MiEV costs 4.59 million yen ($47,560), more than twice as much as Toyota's new Prius, which is just over 2 million yen, or Honda's Insight, which starts at 1.89 million yen, the cheapest hybrid on the market. But the company is planning to cut the price below 2 million yen, as the production increases.
Sales of this new car to individual consumers in Japan will begin in April 2010. This new product from Mitsubishi will also be available in United States, China, Britian and other European countries.
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