Tokyo, Mar 4, 2011 - (JCN Newswire) - Mitsubishi Motors Corporation (MMC) announced today that the new generation electric vehicle i-MiEV has been adopted as an electric vehicle to be provided to the Estonian Government from Mitsubishi Corporation. This scale of i-MiEV provision, 507 units has been the largest inquiry MMC has ever received since its sales started. It also marks the first case of provision of electric vehicles under the Green Investment Scheme (GIS)*. This provision is brought by the agreement Mitsubishi Corporation has concluded with the Estonian Government to purchase 10 million tons of emissions rights. With carrying out this GIS, the Estonian government plans to use these i-MiEVs in public facilities (in the field of social welfare) as part of its aim at realizing the widespread use of electric vehicles throughout the country. The Estonian Government expects to utilize i-MiEV for CO2 reductions in the country, thanks to its zero CO2 emission characteristics while driving. MMC will also provide technical support to the Estonian Government in monitoring CO2 reductions effected by introducing i-MiEV. The 507 units will be shipped to Estonia by end of fiscal 2011. i-MiEV first went on sale in July 2009 mainly towards fleet customers and for individual customers in April 2010 in Japan, gaining appraisal for its high environmental performances, quietness, comfortable ride and dynamic performance. MMC has sequentially expanded its sales to global scale after its release in Japan to Hong Kong, Australia and Europe -- and will start its sales in Canada and the United States this fall. * Green Investment Scheme (GIS) A type of international emission trading pursuant to Article 17 of the Kyoto Protocol, whose proceeds are to be used for environmental measures including GHG emission reductions.
About Mitsubishi Motors
Mitsubishi Motors Corporation (TSE: 7211) was established in 1970 and is one of the few automobile companies in the world that produces a full line of automotive products ranging from 660-cc mini cars and passenger cars to commercial vehicles and heavy-duty trucks and buses. The company also operates consumer financing services and provides this to its customer base. For more information, please visit www.mitsubishi-motors.com.
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Mitsubishi Motors
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+81-3-6852-4275
Mar 4, 2011 Source: Mitsubishi Motors Mitsubishi Motors (TSE: 7211) (U.S: MMTOF)
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