Is Now a Great Time to Buy an Electric Vehicle from Mitsubishi?

Have you been watching the price of gasoline rise and wondering if an EV is right for you? Well, you wouldn't be alone. More Americans are taking a second look at owning a hybrid or all-electric vehicle. Saving money on fuel while also reducing the environmental impact of a nation in transit are key benefits to owning an EV.

More Benefits of Owning an Electric Vehicle

Electric and hybrid vehicles are better for the environment than internal combustion engine (ICE) vehicles. Plug-in electric vehicles have zero emissions and hybrid vehicles use alternative methods to extend their range. Fewer emissions mean fewer pollutants in the air.

There is also a cost-benefit to owning an EV. Currently, electricity is cheaper than gasoline. According to, the minimum average fuel cost for an all-electric vehicle was about $550 cheaper per year than the fuel costs of a gasoline vehicle. You just need to charge your electric vehicle to keep it running.

Some states also offer handsome incentives and tax breaks for buying and using a hybrid or electric vehicle. The federal tax rebate is $6,587 and you could get additional savings on top of that. Your initial investment might be greater, but you could save lots of money in the long run by switching to a hybrid or electric vehicle.

In addition to these benefits, electric vehicles are also fun to drive. With the power of electric motors, the throttle response and acceleration of an EV are almost instantaneous. The available torque of the powertrain is delivered without lag so that you can accelerate faster.

Mitsubishi's Commitment to Alternative Fuel Choices

Mitsubishi is one of the industry's leaders in alternative fuel choices. In 2009, the iMiEV became the first highway-ready electric vehicle. When the iMiEV came to America in 2012 it was named the "Greenest Vehicle of the Year" by the American Council for an Energy-Efficient Economy.

That same commitment to excellence continues in the 2022 Mitsubishi Outlander PHEV.

2022 Mitsubishi Outlander PHEV

The Mitsubishi Outlander PHEV is a plug-in hybrid crossover that becomes available in North America in the second half of 2022. Auto enthusiasts have been clamoring for an electric version of Mitsubishi's flagship SUV for years. After painstaking research and development, the 2022 Mitsubishi Outlander PHEV is finally here.

The 2022 Mitsubishi Outlander PHEV has a 2.4-Liter four-cylinder engine and two electric motors. You can drive in full EV mode for zero-emission travel or use the gasoline engine in concert with the electric motors to help charge the batteries and gain more power.

The 2022 Mitsubishi Outlander PHEV can achieve a staggering EPA-estimated 74 miles per gallon combined.

The Future of Electric Vehicles for Mitsubishi

The 2022 Mitsubishi Outlander PHEV is just the latest component of Mitsubishi's greater strategy for electric vehicles. Takao Kato, president and CEO of MMC, didn't miss the chance to praise the new Outlander in a recent Mitsubishi press release.

"With low CO2 emissions and environmental impact in terms of life-cycle assessment, the all-new Outlander PHEV model can be considered the best solution for carbon neutrality today," said Takao Kato. "With our electrification technology that delivers an exhilarating, eco-friendly ride, plus all-wheel control technology for safety and peace of mind in any kind of weather and road conditions, we are confident this new Outlander can make driving even more enjoyable and fulfilling."

The Nissan-Renault-Mitsubishi alliance plan to keep producing and releasing electric vehicles in the near future. By 2030, the group plans to roll out no fewer than 35 EV products. It's no longer a matter of "if" electric vehicles will become more commonplace on the road. It's a matter of "when" and you can trust Ourisman Mitsubishi of Laurel to bring you the best deals for EVs in your area.

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