Japanese Automakers Launch Their First Battery-Powered Cars

As Japan’s top automakers, Toyota and Honda, battle it out for supremacy in the hybrid car market, Japan’s smaller car companies are taking a different eco-car road. Mitsubishi Motors on June 5 presented its zero-emissions i-MiEV — Japan’s first fully electric vehicle for the global market. Production of the egg-shaped vehicle, which has a range of 99 miles on a single charge, kicked off this week; fleet sales will start in Japan next month and the car is expected to reach U.S.

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Despite the Crash in Prices, Affordable Housing Still Lacking

When Florida legislators recently struggled to balance the battered state budget, they decided to plug holes with $190 million from a $300 million affordable-housing trust fund. After all, why should a cash-strapped state shell out money for new home construction when there are tons of vacant homes just waiting to be snapped up?

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