Nissan Doubles Down on Electric Cars


The all-electric Infiniti LE concept, shown in 2012, was an early hint at Nissan's plans to enter the electric luxury-car market that has so far been dominated by Tesla Motors. A production version of the LE could arrive as soon as next year. Photo credit: Nissan.

Tesla Motors (NASDAQ: TSLA  ) may build the sexiest electric car, but -- so far, anyway -- the best-selling electric car is Nissan's  (NASDAQOTH: NSANY  ) Leaf. Through July, Nissan had sold almost 12,000 Leafs here in the U.S., and many more around the world.

That isn't much compared to the sales of some of Nissan's popular gas-powered models, but it has been enough to convince the Japanese automaker to push ahead with more electrified models. In this video, Fool.com contributor John Rosevear looks at the latest news on Nissan's plans to introduce several more electric vehicles -- including a luxury car that could become Tesla's first head-on competitor.

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  • Report this Comment On September 05, 2013, at 12:27 AM, QQ007 wrote:

    It's great that Nissan has sold so many Leafs, and you're right, Tesla has the sexiest electric car ever. But comparing the two is somewhat like saying 'the Honda Accord has outsold the BMW M5.'

    Two completely different types of cars, price points, and audiences. And a huge difference in quality of product and follow-up servicing of the product.

    Nissan recently lowered prices on the Leaf in order to boost sales. While the Tesla Model S is so popular that they are working hard to keep up with orders.

    The Leaf is the cheapest e-vehicle available (and receives about 75 miles per charge), while Tesla is all Luxury and top of the line (235-285 miles per charge.) Base model is priced in the low $60's.

    With all that, Tesla is just shy of being the best selling electric car so far this year.

  • Report this Comment On September 05, 2013, at 1:50 AM, weaponz wrote:

    "Through July, Nissan had sold almost 12,000 Leafs here in the U.S"

    Not a fair comparison. Tesla only publishes numbers through end of june. Your counting July for Nissan without counting July for Tesla.

    Through June, Tesla sold more than Nissan. Making Tesla the best selling electric car in the USA.

  • Report this Comment On September 06, 2013, at 11:11 AM, TMFMarlowe wrote:

    @weaponz: You're quoting a US number for the Leaf and a global number for Tesla (remember, Tesla is sending the Model S to Europe now; that started in Q2). The Leaf has out-sold the Model S on a world-wide basis by a significant margin. That's what I said in the video.

    John Rosevear

  • Report this Comment On September 06, 2013, at 11:12 AM, TMFMarlowe wrote:

    @QQ007: The point was kind of a cheeky one -- Tesla gets all the fanmail these days, but Nissan is still selling plenty of Leafs. Sorry if it was lost in translation.

    John Rosevear

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