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Mitsubishi, TEPCO To Team Up On Electric Car: Report Struggling automaker Mitsubishi Motors will tie up with giant Tokyo Electric Power Co (TEPCO) in its bid to create a small environmentally friendly electric car, the Yomiuri Shimbun reported Thursday. TEPCO, the world's largest private power company, will provide technology on electric charging from home outlets and batteries to help Mitsubishi develop the car, the Yomiuri said in its evening edition. Mitsubishi wants to start selling the small car, called the Miev, in 2008 at a price tag of two million yen (18,300 dollars) or less. The car will be able to run 250 kilometers (155 miles) on a four-hour charge from home power outlets, the report said. A TEPCO spokesman said there was no deal as reported but said the power company "has been exchanging information on battery-linked technologies with various manufacturers, including Mitsubishi Motors." Mitsubishi officials were not immediately available for comment. The Miev would be a minivehicle, which by Japanese law means it has engine capacity of less than 660 cc in gasoline-powered vehicles. Roughly 60 percent of vehicles sold in Japan are minivehicles. Japanese automakers have seen a major success, particularly in the US market, by selling environmentally friendly hybrid cars. Mitsubishi is Japan's only money-losing automaker and is struggling to recover after a series of scandals over cover-ups of defects. All rights reserved. � 2005 Agence France-Presse. Sections of the information displayed on this page (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence, you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the content of this section without the prior written consent of Agence France-Presse. Related Links TerraDaily Search TerraDaily Subscribe To TerraDaily Express BAE Systems Selected to Develop Humvee on-Board Vehicle Power System Johnson City NY (SPX) Jul 19, 2005 The U.S. Office of Naval Research has selected BAE Systems to begin development of an on-board vehicle power system for the Marine Corps' High-Mobility Multipurpose Wheeled Vehicle, known commonly as the Humvee.
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