Fuji Heavy Industries denies it will halt electric vehicle sales

Fuji Heavy Industries, the manufacturers of Subaru, has announced it hasn't halted sales or development of electric vehicles, spokesman Fusao Watanabe said by phone from Tokyo today, quoted by Bloomberg.

Earlier on, Japan's Yomiuri newspaper, also quoted by Bloomberg, reported that the automaker will suspend sales of plug-in electric vehicles for as long as five years because of a scarcity of charging facilities and the price of lithium-ion batteries, citing the company.