Spanish Utility, Mitsubishi Agree to Develop Electric Car Infrastructure
ID — Spanish utility Endesa said Tuesday it had signed an agreement with Japanese conglomerate Mitsubishi Corporation to work together on the development of electric cars.
Under the agreement Mitsubishi will introduce its i-MiEV electric vehicle in Spain while Endesa, owned by Italy's largest power company Enel, would build infrastructure to provide power to electric cars in the country.
The two companies also aim to explore the possible expansion into the European Union and Latin America.
Earlier this month Spanish Economy Minister Elena Salgado was in negotiations with Japanese automaker Mitsubishi Motors over the possible construction of a plant in the northwestern port of Vigo to produce parts for electric vehicles.
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