Will Nissan's Next Electric Car Finally Challenge Tesla?


The all-electric Infiniti LE concept car was shown in New York in 2012. Photo credit: Nissan

We've been hearing for a while that Nissan (NASDAQOTH: NSANY  ) is planning an all-electric luxury car to be sold under the Infiniti brand. It's expected to look a lot like the Infiniti LE concept car, shown above, which the company first unveiled last year.

Many have speculated that this could be the first direct competitor to Tesla Motors' (NASDAQ: TSLA  ) hot Model S sedan, coming from the company that had the first successful mass-market electric car with its Nissan Leaf. But more recently, Nissan has said that the program could be delayed, hinting that other (non-electric) new models might take precedence.

A few weeks ago, Fool.com contributor John Rosevear asked if the real reason for the car's delay might have to do with Nissan's worries about competing with Tesla. Now, new information on the real reasons for the car's delay has come out -- and in this video, Rosevear explains what's going on and how this is likely to play out.


Read/Post Comments (9) | Recommend This Article (6)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On July 18, 2013, at 7:18 PM, AlaaSadek wrote:

    This guy makes me nervious just looking and listening to him!

  • Report this Comment On July 18, 2013, at 9:54 PM, SteveTG3 wrote:

    thanks John, interesting details on that Infiniti.

  • Report this Comment On July 18, 2013, at 10:24 PM, normgarry wrote:

    #1 ELECTRICITY is a byproduct of fossil fuels. Photovoltaic cells don't produce anywhere near enough power to meet the demands, so although they support demand, the vast majority of energy in cities is produced through fossil fuels in some way shape or form.

    #2 The Model S is a rich man's toy. The only reason the Model S got this far is because it's finally an EV with the space of a full sized car for fat Americans. The Fisker Karma got plenty of media buzz right until people tried to get a family of 4 into it. With prices ranging between $60,000 and $110,000 and a locked up used car/lease market, you can bet these won't be making it to main street anytime soon.

    #3 Until a plug-in EV can give you a car the size of the Nissan Maxima for less than $45,000 with navigation/moonroof/heated&cooled seats/typical safety features, they'll never be able to sway people from buying the I.C.E version of a vehicle.

    #4 I just bought a brand new Chrysler 300c SRT8 HEMI392. You can see it on youtube under the name bigtruckseriesreview. My car comes with technology the Model S doesn't currently offer and costs $10,000 less. As does the MKS and XTS.

    How will Nissan compete with that?

  • Report this Comment On July 19, 2013, at 4:23 AM, phillipzx3 wrote:

    "#1 ELECTRICITY is a byproduct of fossil fuels."

    So what. Electric cars have this wonderful thing called "torque." It's what makes driving these cars, fun. 400-500....even 1000 foot pounds of torque, can be generated very easy with an electric motor.

    It's more efficient to generate electricity with coal, natural gas or a block of wood for that matter, than it is to burn gasoline in an internal combustion engine.

    Every dollar spent on gasoline...roughly 75 cents goes out the tailpipe in the form of heat and sound. The radiator also absorbs it's share of wasted energy. 75% loss of energy...all for nothing but the sound of a V8. Vroom, vroom...that's all a gas engine has to offer.

    "My car comes with technology the Model S doesn't currently offer"

    What technology would that be; better gas mileage?

  • Report this Comment On July 19, 2013, at 8:50 AM, Grumpycat wrote:

    If we could import all European ICE vehicles ( not just BMW and Mercedes), which we can't thanks to the US government, and most of which are incredibly gas efficient, EV's would have another 100 years before mass adoption.

  • Report this Comment On July 19, 2013, at 9:06 AM, LGSTRAT wrote:

    For what it is worth... what most of the market and so called "experts" don't say, understand and fail to recognize or admit... is that TELSA is technology company that just happens to make automobiles. The application of their technology can be placed in multiple markets... not just the automobile. So, with that said... one cannot accurately value TELSA as being a sole car manufacturer because they are much more than that.... they are innovators years ahead of any other car company. Plus... Mr. Musk has a strong suit in the technology department.... i.e. The Dragon Rocket docking with the international space station.

  • Report this Comment On July 20, 2013, at 7:57 AM, TMFMarlowe wrote:

    @LGSTRAT: Actually, the problem from my perspective is that there are too many Silly Con Valley analysts invested in trying to sell the idea that Tesla is a tech company when in fact they're an automaker, and those clowns have no idea how to value or analyze an automaker because industrial companies are completely foreign to their little Excel models.

    Tesla arguably deserves a growth valuation right now. And it's true that Tesla's tech focus may result in some interesting non-auto side businesses. But it's an automaker, it has the high fixed costs of an automaker, and its competitive universe is the global auto industry.

    John Rosevear

    ps: They're not "years ahead of any other car company". Really, they're not. What they're doing is far from rocket science, Musk's other business interests notwithstanding. Watch and see.

  • Report this Comment On July 20, 2013, at 10:51 PM, LGSTRAT wrote:

    @TMFMarlowe : Watch and see... remember those words.

  • Report this Comment On July 24, 2013, at 12:08 PM, ffbj wrote:

    Interesting article. He is bit intense but does not make me nervous. I laugh when I read comments about how ev's are a dead end or ultimately they just run on fossil fuels. These people are simply silly. These old arguments are just falling by the wayside, as the technology improves, and we move gradually away from fossil fuels. It will take some time, and we will still be using fossil fuels for decades, just less and less and more and more alternative fuels.

    Tsla simply is enjoying the fruits of their long labor when almost to a person everyone said what they were trying to do could not be done. Essentially they have a monopoly on high end ev's which the author of the article alludes too.

Add your comment.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2544233, ~/Articles/ArticleHandler.aspx, 10/22/2014 11:08:38 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement