According to The Asahi Shimbun, Nissan Motor Co. and Mitsubishi Motors Corp. announced the release of an ultra-small electric vehicle this summer, which can be as affordable as its gasoline-powered counterparts.
The model, based on Japan’s minivehicle standard, will be available for under 1.5 million yen (US$11,719) in Tokyo, after the metropolitan government's 450,000 yen and central government's 550,000 yen subsidies for electric vehicles are applied.
Minivehicles, with engine displacements of 660 cc or less, account for nearly 40 percent of Japan’s new vehicle sales. They are mostly used over short distances such as for shopping or commuting.
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