Mitsubishi Boss Confirms Electric Future

Mitsubishi Motors Corporation President Osamu Masuko today confirmed that Mitsubishi is setting a path to an electric future.

"The petrol engine will not be able to compete (with electric cars in the future)," he said in Adelaide yesterday.

And, in a remark certain to have been pointed at the Australian Government, he said that those countries with a high percentage of EVs and PHEVs are supported through incentives for consumers and environmental regulation.

"Also in China, they are bringing in strict regulations (favouring electric cars) for the environment," Mr Masuko said.