Electric Car Prices are Confusing

Mitsubishi i-MiEV

Mitsubishi i-MiEV

Now, I find it very frustrating that almost any car costs more in Britain than the same car in Europe or the USA. Mitsubishi have revealed that the i-MieV electric car will cost $28,800 in the States. As for the UK, the price is £28,990. Yes, that’s in pounds sterling – makes around $45,000. Please note that both prices do not include Government subsidies or rebates. It is the catalogue price. So, are the i-MieVs coming to the UK $16,200 better than the American ones? Apparently not, so where does the price difference come from?

Mitsubishi i-MieV is eagerly awaited in the states and it is predicted that the small car will sell like hot cakes. I’m not sure about that because Americans (pardon my stereotyping) are not that keen on small cars. It could be, however, boosted by the fact that Nissan Leaf – currently the best selling electric car in the world – is increasing the retail price for North America by $2,420 to $36,050. Of course, Nissan Leaf is much more car for your money than the tiny Mitsubishi, but still – was the price increase really necessary?

I’d say yes – we must remember that all the electric cars that are currently made are either sold at a loss or barely breaks even. The manufacturers will have to start to make profit in order to keep the development work going.

Electric Car Prices are Confusing

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