Mitsubishi 2007 Annual Report Download - page 13

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11
Press conference announcing joint venture with GS Yuasa Corporation
and Mitsubishi Corporation
Handover ceremony for the i MiEV research vehicle to TEPCO
i MiEV
Q6. Developing products that respond to global environ-
mental issues is seen as a precondition for survival in
the automobile industry. What actions is MMC taking
on this front?
A. Our top priority is to press ahead with the de-
velopment of the MiEV (Mitsubishi innovative Electric
Vehicle). This next-generation electric vehicle is the
embodiment of the ultimate eco-friendly vehicle—
one that emits no CO2 whatsoever while in use.
Driving tests of the
i
MiEV
research vehicle, which
is based on the
i
minicar, are already under way fol-
lowing delivery of this vehicle to several domestic
electric power companies. Meanwhile, we are also
carrying out joint research into rapid recharging sys-
tems and in other fields. Furthermore, MMC has
decided to join forces with Mitsubishi Corporation
and GS Yuasa Corporation, which is strong in large
lithium-ion batteries, to establish a three-way joint
venture to manufacture lithium-ion batteries for use
in electric vehicles. Steady progress is being made
toward our goal of bringing the
i MiEV
model to the
Japanese market by 2010. We also plan to roll out
this vehicle in target markets worldwide. In doing
so, I’m confident that we can contribute to society
with our technology and products.
Interview With President Osamu Masuko
Turning to engines, MMC and Mitsubishi Heavy
Industries, Ltd. are jointly developing 2-liter class
next-generation diesel engines. Plans call for bring-
ing forward mass production by one year to the start
of 2009 in order to successively launch these
engines in various markets beginning with Europe,
where there is strong demand.
With regard to the aforementioned FFV launched
in Brazil, we are accelerating development activi-
ties with the aim of putting an FFV on the U.S.
market by the end of 2009.