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Business trends

Vietnam to work with Mitsubishi Motors on electric vehicle R&D

Country promotes electrics to fight air pollution as rising middle class demands cars

HANOI -- Vietnam is set to partner with Mitsubishi Motors on research and development of electric vehicles. The country is looking for help nurturing its auto industry, while the Japanese company hopes to gain a slice of the nation's market for environmentally friendly vehicles, one that is expected to grow in the future.

Mitsubishi appears to be considering local production.

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