Mitsubishi to launch 8 new EVs and PHVs by 2015

Mitsubishi plans to launch 8 new EVs and Plug-in hybrid vehicles by 2015 (earlier post). This was revealed during the presentation of the mid-term business plan. Sales of a hybrid model will start in 2013.

Mitsubishi will stop making cars designed for specific regions including Europe and North America and concentrate management resources on world-strategy cars such as compact cars and SUVs, for which demand is expected to grow in emerging nations.

In terms of the global small car (earlier post), Mitsubishi forecasts that it will manage to increase sales in emerging markets by 280,000 units in 2013 (global sales target of 1.37 million units). According to a Japanese source, Mitsubishi has set a target, regarding the fuel efficiency of the new model, of 30.0 km/L. A concept previewing the new small car will revealed at the Geneva Motor Show.

[Source: Tech-On!]