Nissan Motor Co. said Tuesday its new electric car will cost just over US$25,000 in the U.S., 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 $32,780, but buyers can get a $7,500 electric vehicle tax credit, Nissan said.
Nissan says the Leaf will cost 3.76 million yen (US$40,000) in Japan. It will price the car lower in the U.S. because it wants to sell more of them in that market. The automaker says it is confident it can still make money at that price.
So that's $40,000 in Japan (the home market) and $32,780 in the U.S. (the export market). Hmm, I hope they've talked to some anti-dumping specialists about all this!