Mitsubishi Motors Corporation (MMC) announced it is in talks with Suzuki Motor Corporation (Suzuki) towards OEM supply of a minicar-class light commercial electric vehicle (based on the MINICAB-MiEV).
MMC and Suzuki are currently working on details; however plans are for initial supply to Suzuki to begin in February 2012, building up to full-scale supply in the 2012 fiscal year.
The talks towards an agreement are intended to increase economies of scale for MMC which will in turn contribute to lower production costs and increased productivity.