Paris: Premiere for Europe version of the Mitsubishi i-MiEV

The Mitsubishi i-MiEV is the end of 2010 to Europe. The electric car that has been available since last year in Japan, is easily modified for the European market. Premiere of this version is from the Paris Motor Show 2nd to 17 October 2010.

Mitsubishi's i MiEV Stokes Company Hopes

Mitsubishi Motors Corp. has priced its new electric vehicle at 4.38 million yen, or $45,660 at current exchange rates, and wants EVs to account for 20 percent of its global output by 2020.

Mitsubishi unveiled the production version of its i MiEV battery-powered car on Friday, saying it aims for 1,400 lease sales to corporate customers and local governments by March 31, 2010. The i MiEV goes on sale in Japan late next month.

Separately, Fuji Heavy Industries Ltd. unveiled an electric version of the Subaru Stella small car, also priced above $40,000. But Mitsubishi's sales goals are more ambitious than those for the Stella and include some overseas sales. The Subaru Stella won't be sold outside Japan.

Europe gets a version of the i MiEV next year. The U.S. launch of the lithium-ion battery-powered car comes after that. Those prices haven't been announced.

Individual sales in Japan start in April 2010. Mitsubishi will begin taking those orders in July.

Buyers can qualify for a $14,490 green-car subsidy from the government, bringing the cost down to $31,170.