Arrow Artboard Created with Sketch. Artboard Created with Sketch. Title Chevron Title Chevron Icon Facebook Icon Linkedin Icon Mail Contact Path Layer Icon Mail Positive Arrow Icon Print Business Nissan, Mitsubishi to join hands on low-cost electric car The new model will be significantly cheaper than existing electric cars, such as the Leaf.
August 4, 2014 02:00 JST | Japan
TOKYO -- Nissan Motor and Mitsubishi Motors will work together to develop a minicar-based electric vehicle, aiming to release a new model in fiscal 2016 at the lowest price among major automakers.
The carmakers have set up a 50-50 joint venture to pursue development.
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