Mitsubishi Launches Cheaper i-MiEV In Japan -- UK To Follow?

Mitsubishi i-MiEV

Mitsubishi Motors has relaunched its i-MiEV EV in Japan with two versions and a slash in the price, making us wonder whether we’ll get the same in the UK soon.

The new i-MiEV entry level ‘M’ model comes with a price of 2.60 million Yen (£20,000 before taxes), down from 3.98 million Yen (£30,700), but with a range of 75 miles compared to 100 miles for the previous model.

Above it slots a ‘G’ model — the badges may not stay for the UK market — and can travel up to 110 miles on a full charge.  It is priced at 3.80 million Yen (£23,950 before taxes).  That’s a larger range and a lower price than the car these two models replace.

Mitsubishi says a halving in the cost of batteries over the past two years has enabled the price cut.  But competition has also hotted up, with Nissan’s Leaf — 2011 World Car of the Year — presenting particular problems for the tiny i-MiEV.

Smaller-capacity lithium-ion batteries for the i-MiEV ‘M’ will come from Toshiba, while the batteries made by its joint venture with GS Yuasa will be used for the ‘G’.

The company expects to sell 25,000 i-MiEVs this year, including the cars it badges as the Citroen C-Zero and Peugeot iOn  — it has so far produced 4,000 cars under the PSA Group joint venture.  The price of those cars could also be up for review.

Today, the i-MiEV is on sale in the UK for a price of £23,990 on the road, after the Government;s £5,000 incentive has been applied.  But the much larger Renault Fluence EV will be priced at £18,750 when sales start next year.  We can only what an i-MiEV ‘M’ equivalent might be priced at for the UK, but somewhere around £18,000 would seem fair.

Mitsubishi i-MiEV


RELATED POSTS

New 2015 Skoda Fabia teased with a sharper look
2015 Dodge Charger SRT Hellcat revealed with 707 hp
All-new 2015 Volvo XC90 revealed, priced from £45,000 [videos & photos]
Retro-styled Evanta Barchetta debuts at Goodwood Revival
Skoda previews all-new 2015 Superb in official spy shots
Land Rover Defender Flying Huntsman 110 WB 6x6 Concept by Kahn Design looks ready for some serious o...
Volkswagen Golf GTE Sport concept with gullwing doors and carbon body revealed
All-new Renault Megane Grand Coupe is here
Infiniti QX80 Monograph concept revealed ahead of New York debut
Silk Way Rally 2017 starts today from Russia to China
Top 5 Things To Look for When Buying a Used Car
5 Ways Technology is Helping Disabled Drivers
Tags: , ,