Most of the biggest carmakers are on the race of putting the most efficient and low-cost vehicles power by electricity in the streets.
Europe's largest car maker, Volkswagen AG have already signed a letter of intent that opt to team up with Toshiba Corp. to develop a subcompact Up! concept car which will be powered solely by electricity.
The team-up plans to develop battery systems which has a very specific energy density that might be the future of the next generation of vehicles ramping up the streets worldwide.
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