By Drew Johnson
Wednesday, Dec 28th, 2011 @ 2:25 pm

Ford’s all-electric Transit commercial van could have some competition within the next few months. Mitsubishi Motors has reportedly begun development of a battery-powered light truck that will launch sometime during fiscal 2012.

Set to be Mitsubishi’s third electric vehicle, the light truck will be targeted at commercial users such as farmers and contractors. No word on what type of battery technology the truck will use, but it will be capable of charging off of a standard household plug.

Mitsubishi is aiming for a $19,200 price point for the EV – after all government incentives – which would make the truck the cheapest in the company’s electric fleet. Mitsubishi is targeting 42,000 global EV sales by the end of fiscal year 2012, with the new truck likely to play an important role in that goal.

It remains to be seen if Mitsubishi will market its latest EV on these shores, but it seems like a distinct possibility. The Japanese automaker has committed to a new EV strategy in the United States, with its compact i city car leading the way.

References
1.’Mitsubishi Motors to…’ view