Sunday, April 24, 2011

Mitsubishi iMiEV Will Be Cheapest EV in U.S.

Mitsubishi iMiEV Will Be Cheapest EV in U.S.: "

The popular Japanese EV, the Mitusbishi iMiEV, is finally coming to the U.S. next January and at $27,990 before incentives, it will be the cheapest plug-in car on the market.


The tiny all-electric will be eligible for some major incentives: a $7,500 Federal tax credit, thousands more in state credits (California offers $5,000, Colorado $6,000, etc.), regional and local credits like the $3,000 rebate for residents of the San Joaquin Valley and some companies like Sony Pictures are offering up another $5,000 to employees.


In fact, if you are among the handful of Sony Pictures employees who reside in the San Joaquin Valley, you can get the iMiEV for about $8,000 after all the incentives are cashed in. Pretty incredible.


Even if you're not among that small group, you can expect to take at least $10,000 off the top, which puts this car in the range of something like the Honda Fit. For an additional $2,790, it comes with a DC fast-charge port that delivers an 80 percent battery charge in only 30 minutes.


Interested buyers can register to pre-order the vehicle starting today.


via GreenCarReports


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