Nissan (NSANY) unveils the Leaf, an electric car which gets 100 miles on a full charge. CEO...

Nissan (NSANY) unveils the Leaf, an electric car which gets 100 miles on a full charge. CEO Carlos Ghosn told reporters aggressive estimates that peg electric cars at 10% of all sales by 2020 are very doable. Nissan spent 17 years developing Leaf's lithium-ion battery, which it hopes will propel it into the biggest supplier of electric cars.

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Comments (4)
  • The Aft Deck
    , contributor
    Comments (178) | Send Message
    This is going to become a big sector, I am also following 1211 in Hong Kong and NPWZ currently moving to the AMEX. Oil prices are certain to break $100 late this year and even higher next year, this type of technology is going to be big.
    2 Aug 2009, 04:19 PM Reply Like
    , contributor
    Comments (2) | Send Message
    I WISH I COULD GET AN ELECTRIC CAR!!1 askthecollegekid.blogs.../
    2 Aug 2009, 04:52 PM Reply Like
  • Duude
    , contributor
    Comments (3413) | Send Message
    I read through Nissan's press release but had more unanswered questions than their press release answered. Some are likely dumb questions but its due to my inexperience with electrically powered vehicles.
    1) How long will the battery last?
    2) Will the battery provide a diminished charge as it ages and if so, what can we expect?
    3) What will it cost to replace the battery down the road? A ballpark price would be nice.
    4) If battery technology advances after the point of sale, what is the liklihood that the new battery technology will work in this same vehicle? This is important because the liklihood of greater depreciation value should 5 years from now batteries can hold 10 times the charge, but the owner of the 5 year old Leaf can't update to the newer technology?
    5) With regard to that 100 mile range, is it a guaranteed minimum, average or best case range? How much can it deviate?
    6) Should we assume the 100 mile range is with one 110lb female driver? How will additional weight, more people affect range. Will 600lbs of people send the range down 50%?
    7) What is the anticipated cost of the vehicle?
    2 Aug 2009, 05:48 PM Reply Like
  • Ahhoi
    , contributor
    Comments (20) | Send Message
    I think we also need to be aware of the maintenance cost also!! I drive a Hybrid and save 40% on gas but they said if we don't bring it back to Lexus for maintenance every 5k~10k they will not warranty the electric engine. And of course they charge more then triple the price of a normal garage for maintenance (so basically most of the saving are back to Lexus). So I think anyone consider buying electric car should wait at least 5 years from their launch. Agree with Duude more questions then answers!!!
    2 Aug 2009, 11:48 PM Reply Like
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