Nissan, the legacy automaker outshines Tesla with affordable EV. They recently revealed pricing for its 2024 model of the well-known all-electric vehicle, the LEAF. Featuring various improvements, the car costs $28,140 and can travel up to 212 miles on a single charge. The federal tax credit is not applicable currently, however, it is expected to be reinstated in the near future. It would reduce the initial cost to just over $20,000. Surprisingly though, this car has been launched amidst rumors that Nissan might be working to replace the Leaf with a brand-new electric crossover in 2025.
According to the 2021 Cox Automotive research, price, and range are among the main obstacles that remain along the road to broaden EV adoption. Tesla has agreed to allow its competitors such as Ford, GM, and Rivian to access its North American network of Superchargers. This move has solved the issue of range that many electric vehicles have been facing. Recently, Tesla has inked deals with said companies, allowing them to benefit from its fast-charging network.
The Nissan LEAF, with its all-electric powertrain, has been on the market for 10 years already, and recently its 2024 Leaf model was unveiled, aiming to address the pricing issue. The 2024 version is available for purchase, starting at $28,140 for the S model. It can be considered an affordable EV to outshine Tesla. With an extended range of 212 miles, the Leaf SV Plus offers a significant upgrade compared to the S model’s 149 miles range, starting at a compelling price of $36,190.
With the S model, it’s possible to charge it up to 80% in just 40 minutes, while the SV Plus takes a whole hour to reach the same level. Most reviews indicate that its competitors have resolved certain issues that its lower prices fail to compensate for.
Tesla Model 3 now costs about $32,000 after being approved for a $7,500 federal tax credit and prices drop even more with certain state tax credits. For example, in California, you can buy a Model 3 for about $25,000. This car can travel up to 333 miles on a single charge and gain 147 miles after charging for 15 minutes.
Since April 2023, the Leaf was no longer qualified for the federal tax credit due to revised regulations. The car may be added to the list of eligible EVs, lowering the Leaf’s starting price to slightly above $20,000. Legacy automaker introduces new low cost EV, 2024 Leaf has just been released amid rumors. After, the legacy automaker outshines Tesla with affordable EV, the company may stop producing the Leaf and replace it with a new electric crossover in 2025.
Source 2024 Nissan LEAF
