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LONDON (Reuters) - Nissan, Japan's third-biggest carmaker, said on Monday its Leaf electric car would cost under 30,000 euros ($38,110) in most European countries after incentives offered by governments to push the new technology.

Nissan Motor Co and French alliance partner Renault are investing over 4 billion euros in electric vehicles and see them accounting for 10 percent of new car sales by 2020, an ambitious forecast compared with those of other carmakers and analysts. Electric vehicles are expected to account for 4.5 percent of the total 100 million strong light vehicle market by 2020, according to a recent report by HSBC analysts.

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