Nissan says Leaf electric car to cost under $38,100

LONDON, May 17 (Reuters) - Nissan (7201.T), Japan's third-biggest carmaker, said on Monday its Leaf electric car would cost under 30,000 euros ($38,110) in most European countries after incentives offered by governments to push the new technology.
Nissan Motor Co and French alliance partner Renault (RENA.PA) are investing over 4 billion euros in electric vehicles and see them accounting for 10 percent of new car sales by 2020, an ambitious forecast compared with those of other carmakers and analysts. [ID:nLDE63R29H] Electric vehicles are expected to account for 4.5 percent of the total 100 million strong light vehicle market by 2020, according to a recent report by HSBC analysts.

News @ http://www.evhub.in/news/12