Fuji Heavy Industries (Subaru) halts electric vehicle sales until 2016

Tweet this post UPDATE: FUJI HEAVY HAS DENIED YOMIURI'S REPORT: From Bloomberg: Fuji Heavy Industries Ltd. (manufacturers of Subaru) will suspend sales of plug-in electric vehicles for as long as five years because of a scarcity of charging facilities and the price of lithium-ion batteries, the Yomiuri newspaper reported, citing the company.

Its plug-in Stella cars have been offered to corporations and local governments. The automaker plans to re-enter the market around 2016, the report said.

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