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Hiroshi Shimizu, the Japanese EV specialist behind the spectacular, eight-wheeled Eliica has announced the creation of SIM-Drive. This new manufacturer intends to sell electric vehicles in Japan that cost less than ¥1.5 million (about $16,700 US), opening the door to low-cost electric motoring. As price-conscious readers may suspect, there is one small detail missing: the price of the battery will not be included. Packs will be leased instead.

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