Mitsubishi announces price increase for 2012 electric vehicle

(September 10, 2011) CYPRESS, Calif. — Due to unforeseen changes in market conditions, Mitsubishi Motors North America has decided to make a pricing adjustment of $1,135 to the 2012 Mitsubishi i 100% electric-powered vehicle.

The well-equipped entry-level Mitsubishi i ES model will go to $29,125, while the premium-grade SE version of the electric vehicle will be priced at $31,125. The vehicles come with a $7,500 tax credit effectively lowering the purchase price.

Despite the pricing adjustment, the Mitsubishi i remains the most affordably priced mass-market electric car available.

The pricing adjustment applies only to the suggested MSRP pricing of the vehicle. The value-oriented pricing of options such as the Cold Zone package ($150) that consists of a main lithium-ion battery warming system and heated outside mirrors and the Premium package ($2790) that includes HDD navigation system with rear camera, FUSE Handsfree Link System with USB port, steering wheel-mounted audio controls, and a DC quick charging port remain unaffected.