Business Standard

Nissan takes EV battle to Tesla with longer-range Leaf

- NAOMI TAJITSU REUTERS

Nissan Motor launched a revamped Leaf electric vehicle (EV) on Wednesday, going head-to-head with Tesla Model 3 and hoping to blunt criticism of limited driving ranges underminin­g EVs’ massmarket appeal.

The automaker said it aims to “double, even triple” annual sales of the previous incarnatio­n, jumpstarti­ng demand in major markets such as the United States, and packing new technologi­es to make up for a shorter driving range than rival offerings.

“If it’s successful, the Leaf will be a major part of the portfolio of Nissan,” Chief HIROTO SAIKAWA Executive Hiroto Saikawa said at a launch for the new version of the world’s best-selling battery-powered car. “EVs will no longer be a niche product.” The car, on sale in Japan from October 2 and elsewhere in early 2018, can run for 150 miles (241 kilometres) on a single charge according to US regulator estimates, up from its predecesso­r’s 107 miles due to a bigger, 40 kilowatt hour (kWh) battery. Prices in Japan will start from 3.15 million yen ($28,992). The launch comes after luxury electric car maker Tesla made its first foray into the Leaf’s more affordable price band in July with its $35,000, 220-mile Model 3. Tesla has said it has received half a million orders for the Model 3, indicating the challenge Nissan has in preserving the Leaf’s numberone rank.

 ??  ?? If it’s successful, the Leaf will be a major part of the portfolio of Nissan...EVs will no longer be a niche product”
If it’s successful, the Leaf will be a major part of the portfolio of Nissan...EVs will no longer be a niche product”

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