Nissan, Mitsubishi Team Up on Affordable Electric Vehicle

Nissan and Mitsubishi announced a 50-50 joint venture to build a small and affordable electric vehicle, which should hit the Japanese market in Fiscal Year 2016. The low-cost electric vehicle would be priced at around 1.5 million yens including subsidies, or about 10,962 Euros (14,667 USD) at current exchange rates, similar to gas-fueled compacts. According […]