TOKYO – Daihatsu has decided that less can be more – or small can be big in terms of future market opportunities. The auto maker has identified a new niche market in Japan and plans to tap into it with the Pico, a unique mini-mini-electric-car concept unveiled at the Tokyo Motor Show in December. The tiny EV, powered by a 5-kWh lithium-ion battery, the same general-use battery Panasonic supplies to U.S.-based Tesla, has a 33-mile (50-km) range and runs at speeds up to 33 ...

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