InsideEVs.com are reporting that "the partnerships of all electric vehicle partnerships has been officially created."
According to InsideEVs Nissan is partnering 50:50 with Mitsubishi on a joint venture with one goal: to develop a minicar-based electric vehicle with release of the new model set for Fiscal Year 2016 (April 1, 2016 through March 31, 2017).
Both Nissan and Mitsubishi promise that this co-developed electric car will be sold for the lowest price among major automakers when it hits the market.
The plan is that Nissan and Mitsubishi will work hand-in-hand on this EV. Key components such as batteries will be procured through the economies of scale of two automakers combined.
It’ll be an electric minicar and we’re not yet sure if it’ll be sold in the US.
However, it’s hinted that the price in Japan will 1.5 million yen ($14,614 USD) including subsidies, or approximately the same as a compact ICE sells for in Japan. For comparison, the Mitsubishi i-MiEV sells for a base MSRP of 2.52 million yen ($24,300 USD) prior to subsidies in Japan. Or 1.78 million yen when subsidies are factored IN.
The GreenCarWebsite.co.uk reported it this way:
It’s likely that the new car will be based on the jointly developed minicar called the Dayz under the Nissan brand and the eK-Wagon under the Mitsubishi brand.
Mitsubishi launched its first electric car called the i-MiEV back in 2009. In recent years, sales have slowed as new competition has entered the market. By the end of 2013, around 30,000 had sold.
While sales of the i-MiEV have been slowing, despite a price cut, the newly launched Outlander plug-in hybrid is performing strongly for Mitsubishi.
Nissan meanwhile is still enjoying great success with its LEAF model it launched in 2010, reaching global sales 100,000 by the end of 2013.
Together it is said the pair will work on key components for a new small electric car including the battery pack.
The Dayz/eK-Wagon is a Japanese Kei car produced especially for the Japanese market, potentially meaning that the new electric model will be limited to the domestic and a select handful of markets.
According to InsideEVs Nissan is partnering 50:50 with Mitsubishi on a joint venture with one goal: to develop a minicar-based electric vehicle with release of the new model set for Fiscal Year 2016 (April 1, 2016 through March 31, 2017).
Both Nissan and Mitsubishi promise that this co-developed electric car will be sold for the lowest price among major automakers when it hits the market.
The plan is that Nissan and Mitsubishi will work hand-in-hand on this EV. Key components such as batteries will be procured through the economies of scale of two automakers combined.
It’ll be an electric minicar and we’re not yet sure if it’ll be sold in the US.
However, it’s hinted that the price in Japan will 1.5 million yen ($14,614 USD) including subsidies, or approximately the same as a compact ICE sells for in Japan. For comparison, the Mitsubishi i-MiEV sells for a base MSRP of 2.52 million yen ($24,300 USD) prior to subsidies in Japan. Or 1.78 million yen when subsidies are factored IN.
The GreenCarWebsite.co.uk reported it this way:
It’s likely that the new car will be based on the jointly developed minicar called the Dayz under the Nissan brand and the eK-Wagon under the Mitsubishi brand.
Mitsubishi launched its first electric car called the i-MiEV back in 2009. In recent years, sales have slowed as new competition has entered the market. By the end of 2013, around 30,000 had sold.
While sales of the i-MiEV have been slowing, despite a price cut, the newly launched Outlander plug-in hybrid is performing strongly for Mitsubishi.
Nissan meanwhile is still enjoying great success with its LEAF model it launched in 2010, reaching global sales 100,000 by the end of 2013.
Together it is said the pair will work on key components for a new small electric car including the battery pack.
The Dayz/eK-Wagon is a Japanese Kei car produced especially for the Japanese market, potentially meaning that the new electric model will be limited to the domestic and a select handful of markets.
