Mitsubishi increases production of iMiEV

Mitsubishi increases production of iMiEV

Mitsubishi iMiEV fq

Mitsubishi has just announced that it will ambitiously increase its production target of the iMiEV to 20,000 units annually by 2012 up 200% on previous goals of 10,000 per year.

Output targets for 2010 are also up 25%, from 4,000 to 5,000 units. That will ramp up to a target of 10,000 cars by 2010, with the 20,000 annual target to coincide with the car’s release for full retail sale in 2011.

The order book for 2009 output is already full for the iMiEV with Japanese corporations putting in requests for 2,000 of the cars.

The electric vehicles are built to fit Japan’s kei-class regulations, which give them the advantage of certain parking, insurance and taxation rules. It also makes for a very compact  and practical way to transport four adults around at city speeds. The iMiEV does remain a very utilitarian vehicle suited only to urban environments and lower-speed duties.

Mitsubishi’s stock saw a mild rise on the Japanese market as a result of the bold announcement despite the carmaker’s overall falling sales.

Mitsubishi iMiEV fq

Mitsubishi has just announced that it will ambitiously increase its production target of the iMiEV to 20,000 units annually by 2012 up 200% on previous goals of 10,000 per year.

Output targets for 2010 are also up 25%, from 4,000 to 5,000 units. That will ramp up to a target of 10,000 cars by 2010, with the 20,000 annual target to coincide with the car’s release for full retail sale in 2011.

The order book for 2009 output is already full for the iMiEV with Japanese corporations putting in requests for 2,000 of the cars.

The electric vehicles are built to fit Japan’s kei-class regulations, which give them the advantage of certain parking, insurance and taxation rules. It also makes for a very compact  and practical way to transport four adults around at city speeds. The iMiEV does remain a very utilitarian vehicle suited only to urban environments and lower-speed duties.

Mitsubishi’s stock saw a mild rise on the Japanese market as a result of the bold announcement despite the carmaker’s overall falling sales.

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