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.