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Mazda has just announced that starting next year it will begin leasing an all electric versions of its new Mazda2 sub-compact. Few details are available, but the EV will have a driving range of 200 km (124 miles) and the lease program will be offered to government agencies and fleet customers in Japan.

This expansion into the electric car market is a part of Mazda's larger "Building Block Strategy" that is primarily focused on reducing vehicle weight and improving fuel economy through traditional methods. This includes Mazda's SkyActiv engines, which will debut later this year, delivering as much as 70-mpg in the Mazda2.

In addition, Mazda is currently working on hybrids systems and will look to add regenerative braking to its models in the future.

More: Mazda Announces Mazda2 EV Lease Program in Japan on AutoGuide.com
 

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Well, they definitely need to do something. I think the Ford Fiesta and Honda Fit have the edge in this market. I am not a fan of the "SMILE".
 
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