The president of Mitsubishi Motors Corp., Osamu Masuko, said Monday that that Mitsubishi is currently developing a plug-in hybrid car. The automaker has plans to develop a plug-in hybrid and launch a mass-produced electric vehicle next year in Japan.

Speaking at the Foreign Correspondents’ Club of Japan, Masuko opined that the plug-in hybrid will be a better suit for longer distances than an electric car. U,. Mitsubishi is a bit late to the party, no? But, then I guess it is better late than never.

Meanwhile, GMC, Ford and Chrysler continue to restructure.

If you're new here and you like our articles, how about subscribing free for our updates via RSS feed.

Related posts:

  1. Mitsubishi Motors Will Make Electric Cars for PeugeotWhen a foreign (outside of Japan) car maker can’t make a car as good as Japan does, what do they do? Contract a Japanese car...

  2. Volvo’s new plug-in hybrid by 2012Automobile manufacturer Volvo is joining forces with Sweden-based Vattenfall, one of the world’s leading energy companies, to make a new plug-in hybrid diesel/electric vehicle. Volvo...

  3. General Motors set to launch plug-in SUV in 2011General Motors (GM) is set to launch a plug-in sport-utility vehicle (SUV) in 2011 notwithstanding having recently canceled its Saturn brand. Tom Stephens, Vice Chairman...