Biondi Motor Company

Mitsubishi is working on an all new lithium-ion battery pack. This updated power plan is so resourceful yet inexpensive that it could slash the price of future electric vehicle ownership by the Japanese auto maker. How much will you save? Upwards of 75%.

So how do you only pay for 25% of the rechargeable battery powerplant in your new hybrid car? Simple: split the cost three ways.