Mitsubishi President Osamu Masuko announced that the price of electric cars will be cut to half in the next two years due to incline of production, in order to meet more demands. With this, he also announced that next month will see the first batch of battery-powered automobiles for Australia.
Mr. Masuko admitted that Mitsubishi was on a step to take a lead with the technology and thus, the Company’s car called iMiev had been under fleet trials around Australia for months. He added, “This announcement will ensure that we will be No 1 in bringing the electric vehicle to Australia”.
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