Mar 31, 2010
US$25k for Nissan electric car
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NEW YORK - NISSAN Motor Co said on Tuesday its new electric car will cost just over US$25,000 (S$35,000) in the US, a move that could force rivals to lower prices on similar vehicles.
The Leaf, a four-door hatchback due in showrooms late this year, will have a base price of US$32,780, but buyers can get a US$7,500 electric vehicle tax credit, Nissan said.
The price tag puts the Leaf, which can go up to 160 km on a single charge from a home outlet, within reach of mainstream car buyers, and it also will force competitors to respond when they introduce their cars.
General Motors Co, which also will begin selling its Chevrolet Volt rechargeable electric car later this year, said that it will look at Nissan's pricing before announcing the Volt's price closer to its December sales date. 'I think it's fair to say their pricing, it won't overwhelm, but it will have some influence on our pricing decision,' said GM spokesman Rob Peterson.
GM was looking to price the Volt, which can go 65 km on full electricity before a small gas engine kicks in to provide power, around US$35,000. It would cost US$27,500 with the tax credit. But GM executives have said they are trying to lower the price as they begin building models at a Detroit factory.
Other competitors, such as Ford Motor Co and Chrysler Group LLC, also plan to sell fully electric cars, but those will come out after the Volt and Leaf hit showrooms in December. The Volt and Leaf are the first two electric cars to go on sale that will appeal to the mass market. Orders in the US start April 20 and Nissan is aiming for 25,000 orders by December. -- AP
US$25k for Nissan electric car
<!-- by line --><!-- end by line -->
<!-- end left side bar --><!-- story content : start -->
NEW YORK - NISSAN Motor Co said on Tuesday its new electric car will cost just over US$25,000 (S$35,000) in the US, a move that could force rivals to lower prices on similar vehicles.
The Leaf, a four-door hatchback due in showrooms late this year, will have a base price of US$32,780, but buyers can get a US$7,500 electric vehicle tax credit, Nissan said.
The price tag puts the Leaf, which can go up to 160 km on a single charge from a home outlet, within reach of mainstream car buyers, and it also will force competitors to respond when they introduce their cars.
General Motors Co, which also will begin selling its Chevrolet Volt rechargeable electric car later this year, said that it will look at Nissan's pricing before announcing the Volt's price closer to its December sales date. 'I think it's fair to say their pricing, it won't overwhelm, but it will have some influence on our pricing decision,' said GM spokesman Rob Peterson.
GM was looking to price the Volt, which can go 65 km on full electricity before a small gas engine kicks in to provide power, around US$35,000. It would cost US$27,500 with the tax credit. But GM executives have said they are trying to lower the price as they begin building models at a Detroit factory.
Other competitors, such as Ford Motor Co and Chrysler Group LLC, also plan to sell fully electric cars, but those will come out after the Volt and Leaf hit showrooms in December. The Volt and Leaf are the first two electric cars to go on sale that will appeal to the mass market. Orders in the US start April 20 and Nissan is aiming for 25,000 orders by December. -- AP
