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Tokyo, Apr 7, 2009 - (ACN Newswire) - Mitsubishi Motors Corporation (MMC) subsidiary Mitsubishi Motors Sales of Canada (MMSCAN) yesterday signed a Memorandum of Understanding (MoU) with the Government of British Colombia, the City of Vancouver, power company BC Hydro, and Mitsubishi Canada Limited for feasibility testing of the zero-emissions i MiEV*1 electric vehicle.
Under the terms of the agreement, one car would be added to BC Hydro's fleet of vehicles and one to the City of Vancouver's fleet for demonstration and evaluation purposes. The agreement also allows for the addition of more cars as they become available.
"Electric cars are part of the sustainable transportation solution for British Columbia and I am pleased that the i MiEV will make its Canadian debut in Vancouver," said Environment Minister Barry Penner. "By looking at new, innovative technologies, we can work toward achieving our goal of reducing greenhouse gas emission by 33 per cent by 2020."
"I'm thrilled that Vancouver gets to debut the i MiEV," said Mayor Gregor Robertson. "We want to make Vancouver the greenest city in the world, and supporting this early adoption of plug-in electric cars is one way that Vancouver is becoming a leader in green technology. Electric vehicles are an important way to reduce our greenhouse gas emissions when combined with improvements to transit, biking and walking."
About Mitsubishi Motors
Mitsubishi Motors Corporation is the fifth largest automaker in Japan and the fifteenth largest in the world by global unit sales. It is part of the Mitsubishi keiretsu, formerly the biggest industrial group in Japan, and was formed in 1970 from the automotive division of Mitsubishi Heavy Industries.
Throughout its history it has courted alliances with foreign partners, a strategy pioneered by their first president Tomio Kubo to encourage expansion, and continued by his successors. A significant stake was sold to Chrysler Corporation in 1971 which it held for 22 years, while DaimlerChrysler was a controlling shareholder between 2000 and 2005. Long term joint manufacturing and technology licencing deals with the Hyundai Motor Company in South Korea and Proton in Malaysia were also forged, while in Europe the company co-owned the largest automobile manufacturing plant in the Netherlands with Volvo for ten years in the 1990s, before taking sole ownership in 2001.
Contact:
Mitsubishi Motors
Public Relations Department
http://www.mitsubishi-motors.com
+81-3-6852-4275
Apr 7, 2009
Source: Mitsubishi Motors
Topic: Corporate Announcement
Sectors: Automotive
http://www.acnnewswire.com
From the Asia Corporate News Network
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