Japan: OEMs protest against electricity price hike

According to a report in the Tokyo Times, Japanese OEMs have decided to protest against Tokyo Electric Power Co's (Tepco) plans to increase corporate electricity prices in April 2012. Tepco, the operator of the Fukushima nuclear plant, decided recently to raise electricity prices for business customers by an average 17%. Gasgoo.com, citing Subscribe to Automotive … Continued

• By Webmaster
• February 23, 2012