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Mitsubishi to slash electric-car price: report
Mitsubishi to slash electric-car price: report
LOS ANGELES (MarketWatch) — Japanese auto maker Mitsubishi Motors Corp. will cut the cost of its electric car to about 2 million yen ($22,000) by 2012, according to a report Friday. Mitsubishi Motors will use savings from high-volume production of the batteries for its i-MiEV car to lower the vehicle’s price by some 30% when government subsidies are included, the Nikkei business daily said in …
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