Mitsubishi Motors is preparing to launch the worlds first commercial electric car.It anticipates its know how in electric cars to be a “ tremendous advantage “ and is looking to rival the big man of electric cars- Toyota,not withstanding its recent troubled finances .Mitsubhishi plans to market its “ I-Miev ” running entirely on electricity in Japan by 2009.Many Japanese automakers are making some headway into developing hybrid and electric cars.Toyota is already planning to produce a small fleet of plug-in hybrids by 2010 and Nissan is also entering into this domain.
Detroit “ Big Three “ never had it so bad,a fumbling economy leading to a drop in car sales, and now the Japanese trying to capitalize on this period to strengthen their own capabilities.
