Needless to say, gambling is risky. So it's apropos that in Las Vegas last week, Mitsubishi announced their intentions to sell an electric vehicle in the U.S.

According to an article in Automotive News, Mitsubishi's president, Osamu Masuko, made the announcement during the annual dealer's meeting held in the City of Sin. The lithium-ion powered vehicle will be made available in Japan first and will then find its way onto U.S. soil. The automaker has been toying with both electrics and hybrid in Japan, and intends to import both in the coming years.

Although the electric-powered model may carry a bit more cachet than the traditional hybrid route, we're curious as to what, if anything has materialized out of the Concept-CT that Mitsu debuted earlier this year at the NAIAS. The concept had a 1.1-liter engine, partnered with individual electric motors that fed power to each wheel and, hence, was transmission-less. More development of that concept, which would aid in the R and D of fuel-cell powertrains, may be more forward thinking.

Considering the sorry state of things at Mitsubishi, this may be one of their biggest gambles yet and since no time frame was outlined during the conference, we're a little hesitant to think of this as anything more than ambitious intentions. And you know which path is lined with good intentions, right?

[Source: Automotive News - Sub. Req.]