TEPCO will provide the recharging system—which can use a standard household circuit—and the rechargeable batteries to support the new EV minicar being developed by MMC. With the new partnership, Mitsubishi is advancing the planned release of the EV from 2010 to 2008.
The new EV will be based on the i, a minicar scheduled to be launched at the end of the year. (Earlier post.)
The proposed EV will use the Mitsubishi In-wheel motor Electric Vehicle (MIEV) system. Mitsubishi is currently planning a 250-kilometer range for the car after a four-hour recharge, at a price of below ¥2 million (US$18,000).