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Electric car plans

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Tesla Motors Inc Chief Executive Elon Musk, left, poses with Panasonic Corp Executive Vice President Yoshihiko Yamada during a photo session in Tokyo on Monday. The U.S. electric automaker and Panasonic are to build a new $5 billion “Gigafactory” in Nevada, billing it as the world’s largest lithium-ion battery plant. Musk said that he would not be surprised if there was a significant deal with Toyota Motor Corp in the next two to three years, though there were no definitive plans.

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