electric cars

New York, September 3 -- PSA Peugeot Citroen and Mitsubishi Motors Corp. have agreed to develop electric cars to be sold in Europe by late next year.

Tokyo, June 22: Nissan Motor Company (TYO: 7201; NASDAQ: NSANY) has set itself huge targets. Japan’s third-largest automobile manufacturer is eying an annual production of 100,000 electric vehicles beginning as early as 2012, the year when its plant in Smyrna, Tennessee is likely to become operational.

Tokyo, June 5: Mitsubishi Motors Corp.(TYO: 7211) intends to draw first blood in the market of electric cars. The Japanese automaker has revealed that it will start selling its i MiEV electric car in Japan next month before Toyota Motor Corp. (TYO: 7203, NYSE: TM) and Nissan Motor Company (TYO: 7201; NASDAQ: NSANY) enter the market and launch rival versions.

Beijing, April 2: The Chinese government has set goals that could propel the country forward as a leader in all-electric vehicle production.
China is aiming for a production capacity of 500,000 hybrid or all-electric vehicles a year by 2011, The New York Times reported Thursday.