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Mitsubishi i MiEV electric vehicle priced at $45,660

Mitsubishi Motors Corp. has priced its new electric vehicle at 4.38 million yen, or $45,660 at current exchange rates, and wants EVs to account for 20 percent of its global output by 2020. Mitsubishi unveiled the production version of its i MiEV battery-powered car on Friday, saying it aims for 1,400 lease sales to corporate customers and local governments by March 31, 2010.

Lorenzo Ramaciotti to head Chrysler and Lancia design

Lorenzo Ramaciotti, current head of design at Fiat Group, has been tasked with leading the design of future Chrysler and Lancia products in a bid to more than double the sales figures of the newly collaborated brands. The 63-year-old former Pininfarina designer – credited to some of the most beautiful Italian machinery of the modern era – has been asked by Sergio Marchionne, chief executive of Fiat and Chrysler Group LLC, to create a common styling language for the two brands that wouldn't look out of place in Detroit or Milan. Ramaciotti has made it clear that badge-engineering isn't going to be the future for the two brands and is hoping to inject a unique, but global flavor, into the two brands.

Portugal commits to the Electric Car

Renault Electric Car [ad#ad-1] Portugal has today committed to building 1,300 recharging stations around the country by 2011, in a deal agreed with Renault to supply Electric Cars (EV). This is a further indication of the global rush to go green, with ‘carbon’ taxes and ‘carbon’ incentives sprouting from the desks of politicians throughout the West. But how logical is this phenomenon, and is it a fools errand, based on dubious facts’?