Categories

Archives

A sample text widget

Etiam pulvinar consectetur dolor sed malesuada. Ut convallis euismod dolor nec pretium. Nunc ut tristique massa.

Nam sodales mi vitae dolor ullamcorper et vulputate enim accumsan. Morbi orci magna, tincidunt vitae molestie nec, molestie at mi. Nulla nulla lorem, suscipit in posuere in, interdum non magna.

Nissan exec: Electric cars will succeed in U.S.

Ghosn says $4-a-gallon gasoline will help sales of Leaf.

Nissan chief Carlos Ghosn stood by his company’s early jump into electric cars, predicting Wednesday that high gasoline prices will increase demand as production of the Leaf sedan ramps up later this year.

Gasoline at $4 a gallon at the pump provides “great advertising” for electric cars, Ghosn told journalists after his speech at the New York International Auto show.

Click to Play
German car makers’ sales soar
Germany’s luxury car makers reported further sales increases, fueled by demand in China, and surprisingly, the U.S. where new figures showed an accelerating recovery in the world’s biggest auto market. Photo: AP

Ghosn, president and chief executive officer of Nissan Motor Co. NSANY -3.09% DE:NISA -1.88% , said the Leaf has been impacted by supply constraints tied to last year’s earthquake in Japan, as well as costs associated with a weaker yen.

“Electric cars hold promise,” he said. “All the stars are lining up for them. I’m not at all changing my bullish approach to zero-emission cars.”

Availability should improve when the Nissan begins U.S. production of the vehicle this summer in Tennessee, he said.

More marketwatch.com

Share

2 comments to Nissan exec: Electric cars will succeed in U.S.

Leave a Reply