1991 Mitsubishi 3000gt Vr-4 Coupe 2-door 3.0l Turbocharged Awd on 2040-cars

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Renault's ambitious EV strategy relies on historic nameplates

PARIS — Renault unveiled a more ambitious strategy for electric vehicles (EVs) on Wednesday, betting on new, affordable versions of its iconic small cars of the past to catch up with Volkswagen in the fast-growing sector. The French carmaker's Chief Executive Luca de Meo said it would launch 10 new EVs by 2025 and that all-electric vehicles would account for up to 90% of its models by 2030, dropping its reliance on hybrids to hit the target under a previous plan. Renault is betting that an electric version of its classic Renault 5 compact car, which was discontinued in the 1990s, will capture the imagination of today's drivers when it goes on sale in the first half of 2024. At a live-streamed presentation on Wednesday, the company also offered a fleeting glimpse of its new electric "4ever." model. Two sources close to the company said it was a revival of the Renault 4 hatchback which went out of production last century. "Today is an historic acceleration of Renault Group's EV strategy," de Meo said in a statement. De Meo said that new, purpose-built electric car platforms and a cluster of production sites in northern France would allow Renault to deliver EVs at a lower cost. The first of its new EVs will be the MeganE hatchback which is due to go on sale in the first half of 2022. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. By 2030, Renault and its alliance partners, Nissan and Mitsubishi, will be producing 1 million EVs globally a year, up from the 200,000 they made in 2020, the French carmaker said. Tesla, the world's most valuable carmaker, is already close to hitting that target, with sales of between 840,000 and 1 million EVs projected for this year. Shrinking share Renault's Zoe model, the biggest-selling battery electric car in its segment in Europe for years, is losing ground to models such as Volkswagen's ID.3 compact electric car. Figures from database EV-Volumes.com showed Volkswagen's share of the EV market in Europe soared to 25% last year from 14% in 2019, overtaking the Renault-Nissan-Mitsubishi alliance, whose share shrank to 19% from 23% in 2019. In the first quarter of 2021, Renault's share fell further to 15%, tying with Tesla for third place behind Volkswagen on 21% and Stellantis on 17%, EV-Volumes.com data showed.

Mitsubishi says it will make money from EVs

The Mitsubishi i-MiEV is the lowest-cost plug-in vehicle available in the US. The spartan EV's small price tag shouldn't lead you to believe the company doesn't see dollar signs where there's a plug. Mitsubishi says that electric vehicles are one of the three profitable segments that have helped the company get back into the black. The other two are light trucks and crossovers. We suspect that the resounding success of the Outlander PHEV played a bigger role in this than the i-MiEV, but you never know. Mitsubishi Motors Corp president Tetsuro Aikawa told Automotive News that the company will keeps its focus on those three segments and ease back on sedans and performance cars. To that end, the Outlander Plug-In Hybrid will come to the US next April, many years after it went on sale in Japan and Europe. The vehicle will fit well with Mitsubishi's plans to shift its strategy to SUVs and CUVs here. Related Video:

2021 Mitsubishi Mirage and Mirage G4 updated with fresh faces, more tech

Mitsubishi previously teased an update for the Mirage and Mirage G4 for the 2021 model year, and now the new car is here. It amounts to a light refresh, with some minor appearance changes, new tech and a single special edition model. The same 1.2-liter three-cylinder is still under the hood, cranking out 78 horsepower and 74 pound-feet of torque. Brutally slow, but when paired with the CVT, it’s capable of 36 mpg city, 43 mpg highway and 39 mpg combined. The five-speed manual transmission is still available, but only on the base ES trim. On the design front, the Mirage (hatchback) and Mirage G4 (sedan) get a new grille and front bumper that are meant to be sportier than before. ItÂ’s highly reminiscent of the brandÂ’s crossovers with its upright, shield-like look, and that was intentional, Mitsubishi says. A new rear bumper and lower valance add width to the rear to give it the appearance of being larger than it is. New LED taillights are used on all Mirages, and redesigned LED headlights with LED running lights are available on the top trim. This design treatment does inject some fresh life into the two Mirages, but itÂ’s nowhere close to the full redesign that the Mirage is due for, having been in the same generation since the 2014 model year in the U.S. The interior gains new (supposedly improved) front armrests, more soft-touch cloth in frequently touched areas, and a “carbon fiber effect” on the window switches. On the tech front, Mitsubishi makes the seven-inch infotainment system with Apple CarPlay and Android Auto standard equipment. Also standard is forward collision mitigation with pedestrian detection. The top trim level gives you access to lane departure warning and auto high beams as optional equipment. That amounts to more safety features than before, but itÂ’s still a paltry selection compared to most new cars today. As for the special edition Mirage, Mitsubishi calls it the “Carbonite Edition.” Star Wars fans need not apply, though, as there is nothing about it that resembles true carbonite. Instead, it adds “a revised front grille and air dam, side air dam, B-pillar decal and rear air dam with carbon-pattern surfaces and contrasting red accents.” ItÂ’s pairable with six different colors and slots in below the top SE trim but above the mid-grade LE in price. The photos depict the two new colors available for 2021: White Diamond and Sand Yellow. The new going rate for a base Mirage is $15,390, which is $400 more than it was for 2020.