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No specs were released, so it is unknown if it is an electric vehicle, or possibly a hybrid model.

Number three Japanese automaker Nissan has released a sketch of its future “global compact car.”

The unnamed small car could be a replacement for the Micra model. Production will be launched in Thailand in March 2010, and no-name will then be exported to 150 other countries.

No specifications were released, so it is unknown if the car is an electric vehicle, or possibly a hybrid model, although Nissan has rejected that technology as too expensive in order to pursue EVs.

Nissan says the no-name model will be the Thailand’s first “eco-car.” This means that it will qualify for some government subsidies. However, VW, Toyota, Mitsubishi and Honda are also pursuing subsidies.

The Thailand government, whose policies generally favor Japanese makers, instituted the eco-car program to give incentives for automakers to produce more environmentally sound vehicles.

The Board of Investment is offering reduced excise taxes on the sale of these vehicles from the current range of 30-50% to 17%. To qualify auto companies must sell more than 100,000 units annually, and invest about $150 million.

No word on whether no-name is U.S. bound.

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