Fuji Heavy Industries Ltd., the manufacturer of Subaru brand vehicles, will begin selling electric cars overseas as soon as 2013, The Nikkei Japanese newspaper reported Thursday, citing an interview with FHI President Ikuo Mori. Starting with Europe, the automaker plans to gradually expand sales to North America and elsewhere, depending on demand. Fuji Heavy sells zero-emissions electric cars based on its Subaru Stella minivan to businesses in Japan. For overseas markets, it will develop a version modeled on subcompacts. By working closely with top shareholder Toyota Motor Corp., Fuji Heavy plans to accelerate its shift to environmentally friendly cars. And to lower costs, “it's necessary to go global and enjoy the benefits of volume production,” Mori said. The
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Subaru to Begin Selling Electric Cars Overseas as Soon as 2013, President Says
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