So let’s have a chat about Mitsubishi – they actually just announced that they are coming out with one of the latest and greatest electric cars!  It is the iMiEV and it is a small and egg-shaped car, as you can see, but it goes on sale in Japan this year for about $45,660, however, it should be coming to the US very soon.  This car is absolutely incredible and it does not take any gas at all, which with the rise of gas prices is awesome!

This car can drive up to 100 miles and can recharge fully in about 14 hours on 100-volts of power, so you never have to worry about how much power you are going to be using or how much distance you need to cover.  While this car may look a little weird, it is definitely one of the best cars in the world and Mitsubishi is an incredible brand to have a car from.

So you want electric?  You should totally import a Mitsubishi iMiEV!

The product, which is appropriately named Multi-Flex Management System, has the capability to mix and jive two or more different power sources. The end result of the process is the optimization of the energy sources’ cost and performance.

Indy’s new system would enable hybrid vehicles to save at least 50% of its power energy (whether it’s coming from electricity or battery). All this was made possible when the company tried and tested mixing power coming from lead-acid and lithium-ion batteries.

According to the company’s studies, the mixture of Li-ion battery and Pb-A battery has resulted to a product that has a longer lifespan at a lower cost. Although Li-ion batteries are known to last long, their costs are usually high. Pb-A batteries, on the other hand, are deemed to be cheaper. However, this batteries do not have a promising lifespan compared to Li-ion ones.

To prove their assumption, the company tested their product to golf carts. Such was the positive response for the the product that Indy Power Systems applied for a provisional patent.

Indy Power Systems is owned by the Purdue Research Foundation. The said institution is a nonprofit foundation that aims to help the Purdue University in its research on economic development. The company’s director, Bill Wylam, was a retiree of General Motors. Wylam is credited for the GM EV1 electric vehicle.