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Panasonic Cycle Technology Co has begun accepting orders on its website for a high-end electric bicycle, with prices beginning from 585,000 yen ($5450) per unit. The titanium bicycle can go for about 150 kilometers on a restricted charge.
The subsidiary of Matsushita Electric Industrial Co. expects to produce 500 units of the luxurious electric bicycle.
Panasonic Cycle Technology Co has co-developed the titanium bicycle with Matsushita Network Marketing Co., another Matsushita group company.
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