RNSDF - Nissan Mitsubishi announce new EV offerings for Japan

Mitsubishi Motors Corp (OTCPK:MSBHF) and Nissan Motor Co (OTCPK:NSANY) announced the release of a new line of light electric vehicles on Friday. The auto manufacturing giants, operating under the auspices of the NMKV joint venture have released two new, electric “minivehicles” to gain a firmer foothold in a growing Japanese EV market. The new autos from Mitsubishi and Nissan, the Kei and Sakura respectively, combine the two companies' electrification technologies and leverage the companies’ mass production electric vehicle plants.   "The all-new Sakura follows the LEAF and Ariya as a mass-market EV,” Nissan CEO Makoto Uchida. “We believe it will be a gamechanger for the Japanese market and will make EVs much more accessible to customers in Japan."  His comments add to Mitsubishi (OTCPK:MSBHF) president Takao Kato who noted the “sufficient range” and “affordable price” of the Kei model from Mitsubishi should drive further adoption of EVs in the Japanese market

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Nissan, Mitsubishi announce new EV offerings for Japan