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Mitsubishi Motors announced its intentions to launch a compact, battery-electric delivery van in Japan by the end of 2011. The automaker plans on selling 10,000 of the commercial-use vans as quickly as possible and targets a sub-two million yen ($24,450 U.S. at the current exchange rate) price after government subsidies are factored in. Mitsubishi president Osamu Masuko said the company's intentions are to produce an electric van after handing a prototype version over to Yamato Holdings Co., Jap