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Automobiles

Nissan and Mitsubishi to roll out electric minicar for under $18,000

Subsidies help budget vehicle fill low-end electric niche in Japan

Nissan Motor announced a concept version of an electric minicar in 2019. (Photo courtesy of the company)

TOKYO -- Nissan Motor and Mitsubishi Motors plan to launch an electric minicar as early as next year that will cost consumers less than 2 million yen ($18,400) with subsidies, close to the price of a conventional gasoline car.

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