Mazda Joins the Electric Car Race
TOKYO - Japanese automaker Mazda Motor said Monday that it is developing an electric vehicle with plans to begin leasing in 2012, the latest entry into a burgeoning market.
"Mazda Motor Corporation is independently developing an electric vehicle with plans to commence leasing in Japan in spring 2012," the Hiroshima-based firm said in a statement.
The vehicle, based on Mazda's Demio subcompact, is expected to have a driving range of 200 kilometres (124 miles) and will be leased mainly to local government bodies and fleet customers.
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