Mitsubishi has recently announced that it is increasing the price of the 2012 Mitsubishi i EV by $1,135 to $29,985 (the price includes an $860 destination charge).
The company said that the price hike is due to "unforeseen changes in market conditions". However, the new price is still lower than what the automotive producer had originally estimated, as Nissan had announced that the car would set you back between $35,000 and $40,000.
In addition to that, the vehicle is also less expensive than other electric cars on the market. The automotive producer said that the Mitsubishi i will be eligible for a federal tax credit of $7,500.
In addition to that, the vehicle is also less expensive than other electric cars on the market. The automotive producer said that the Mitsubishi i will be eligible for a federal tax credit of $7,500.