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Aside from the issue of limited range, the biggest problem with electric vehicles in the near term is expected to be cost. Mitsubishi has already announced that the starting price for its diminutive iMiEV in Japan will be approximately $47,000 before incentives and Tesla's Model S will start at $57,000 (before incentives) and likely go up rapidly from there. One of the ideas being floated for reducing the up front cost of EVs is battery leasing

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