Green Car Stock

Nissan to Discontinue Nissan Leaf EV Soon

A recent report from Automotive News has revealed that Nissan plans on discontinuing the Nissan Leaf in the next couple of years. One of the first electric cars to be produced for the mass market, the Nissan Leaf debuted in 2010 and reached the American market more than a year before the Tesla Model X.

The report states that Nissan will not manufacture another generation of the Leaf, choosing instead to develop a new EV model that better meets the need of modern electric vehicle buyers, and ending production of the Leaf “mid-decade.” According to the Automotive News report, the Nissan Leaf was a pioneering EV way ahead of its times, at least in the U.S. market.

Citing anonymous sources, Automotive News reports that there will be no next-generation Leaf and that Nissan could even discontinue the Leaf nameplate entirely. Debuting a year before the ultra-popular Model S hit the roads, Nissan’s Leaf is currently one of the most affordable EVs on the market. It has sold around 175,000 units since it was first unveiled in 2010, the report says.

Although Nissan is yet to confirm or deny whether it will discontinue the Leaf, company spokesman Brian Brockman says the Japanese automaker projects that electric vehicles will make up 40% of its sales in America by 2030.  He adds that the automaker will offer a variety of electric vehicle models in different segments over the coming years to meet the increasing demand for EVs among American consumers.

Stephen Oldham, another spokesman from Nissan noted that the company has seen a resurgence of interest in the Leaf as demand for EVs on the American market increases. In a separate statement to the Verge, Oldham said that the Leaf has consistently enjoyed strong customer satisfaction and brought plenty of first-time buyers to Nissan since the vehicle was launched.

Despite being one of the largest automakers on the planet, Nissan hasn’t been quick to adopt electric vehicles. The Leaf is currently its only alternative energy offering on the American market, but the company plans on releasing an electric crossover SUV called the Ariya later this year. The Ariya will cost around $47,000 and will come with a range of up to 300 miles.

The new model will first sell in the Japanese market in mid-2022 before heading to the United States and Canada later this year. Prospective buyers will be eligible for up to $7,500 in state incentives and federal EV tax credits.

As the EV options available from companies such as Nissan and Nikola Corporation (NASDAQ: NKLA) increase, motorists are likely to make the switch since they will be able to select what can best address their specific needs.

About Green Car Stocks

Green Car Stocks (GCS) is a specialized communications platform with a focus on electric vehicles (EV), as well as other emerging market opportunities in the green sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, GCS is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, GCS brings its clients unparalleled visibility, recognition and brand awareness. GCS is where news, content and information converge.

To receive SMS text alerts from Green Car Stocks, text “Green” to 888-902-4192 (U.S. Mobile Phones Only)

For more information, please visit https://www.greencarstocks.com

Please see full terms of use and disclaimers on the Green Car Stocks website applicable to all content provided by GCS, wherever published or re-published: https://www.greencarstocks.com/Disclaimer

Green Car Stocks
Los Angeles, CA
www.greencarstocks.com
415.949.5050 Office
Editor@GreenCarStocks.com

Green Car Stocks is part of the InvestorBrandNetwork.

Lacey@GCS

Share
Published by
Lacey@GCS

Recent Posts

German Study Finds Electric Vehicles More Reliable Than Conventional Vehicles

A study conducted by the German automobile club Allgemeiner Deutscher Automobil-Club (ADAC) has found that…

2 days ago

EU, China to Consider Setting Baseline EV Prices

A European Commission spokesperson has revealed that the European Union (EU) and China are considering…

4 days ago

China Registers 37% Surge in Domestic EV Sales in March

A report from CnEVPost.com revealed that domestic electric vehicle sales in China surged by 37%…

1 week ago

UK to Hit the Brakes on its EV Mandate After Trump Announced Tariffs

The United Kingdom is expected to relax its electric vehicle rules following a recent wave…

1 week ago

Study Shows Switching to EVs Could Slash Childhood Asthma Prevalence

A recent University of Toronto study has found that replacing gas-powered vehicles with zero-emission electric…

2 weeks ago

How the Inflation Reduction Act is Promoting Job Creation in the American EV Industry

The Inflation Reduction Act (IRA) has been instrumental in creating new jobs in America’s growing…

2 weeks ago