Nissan will keep the price of its LEAF EV competitive with similar-size cars

Article by Christian A., on August 26, 2010

In response to rumors that the Leaf electric vehicle will cost between JPY3.5 million and JPY4 million (about $38,720 to $44,250), an insider insisted that the Leaf will not be priced within this range and that it will be made affordable. This source added that Nissan Motor Co. has plans to lease the Leaf at a monthly rate that is comparable with the cost of leasing a Honda Accord or Toyota Prius.

This same source said that by the end of March, Nissan will be announcing the pricing details of the five-seat hatchback in Japan.

Nissan plans to sell the vehicle and lease the lithium ion battery, which accounts for a big portion of the overall cost. But in the US where the Leaf will arrive at select showrooms in December, Nissan is expected to revise this pricing plan as customers have said that they want to lease both.

Nissan's plan to take the lead in zero-emissions cars is actually centered on the Leaf. Nissan CEO Carlos Ghosn thinks that its will depend on being competitively priced against similar cars powered by gasoline.

On March 17, Japan's Mainichi newspaper reported that the sticker price in Japan could reach $44,000. But due to the government's electric-vehicle incentives (which could go up to $7,500), the final price could drop to less than $33,000.

The source said however, that Nissan's target price is lower. When considering the battery and the vehicle are being leased and with these incentives, the monthly lease is seen to be comparable with that of the Honda Accord or Toyota Prius. [via autonews - sub. required]

If you liked the article, share on:

Comments

Recommended

In a game-changing move, Ford has revealed that it will soon produce its first ever all-electric CUV that will be built to be electric from the ground up, and it...
by - May 23, 2017
The wait for the Mustang’s GT-based Super Snake concept to be released is finally over. Shelby had recently collaborated with Ford Performance and Borla to come up with something that...
by - May 23, 2017
While the BMW M3 is making some noise in Abu Dhabi with its San Marino Blue outfit, Porsche on the other hand, is catching people’s attention in Dubai as the...
by - May 23, 2017
We first heard of the fifth generation SEAT Ibiza earlier this year, and last week, the company finally revealed the all-new Ibiza at the international launch in Barcelona. The new...
by - May 22, 2017
The aftermath of the Takata airbag recall still largely resounds in the automotive industry, as big automotive companies like BMW, Mazda, Subaru and Toyota were extensively hit with what is...
by - May 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries