Mitsubishi Motors North America Inc. said Friday that due to unforeseen circumstances, it's raising the price of its new electric vehicle.
The starting suggested retail prices of the ES and higher-end SE versions of the Mitsubishi i will both increase by $1,135 to $29,125 and $31,125, respectively, the company said.
The Japanese automaker did not give a specific reason for the price increase, just citing "unforeseen changes in market conditions." Buyers of the cars will still qualify for a $7,500 federal tax credit.
The price increase applies only to the vehicles' starting prices. The costs of optional extra features, such as its cold weather and premium packages, remain the same.