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Nissan Motor looks to manufacture electric cars in India

Auto News - Published on Tue, 16 Jan 2018

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Times of India reported that Carlos Ghosn-led Nissan Motor Co is looking at manufacturing an all-electric budget small car in India - its cheapest globally – but has sought concessions from the government to support sales of the clean cars. A price of around INR 7 lakh - or upwards of USD 10,000 - is being considered for the car - which is under study presently. This may perhaps make the car the cheapest private electric passenger vehicle in the country, less expensive than even Mahindra & Mahindra’s e2O mini car.

Mr Nicholas Thomas, Global Director for Nissan’s electric vehicles (EV), told TOI at a time when the company has showcased the new version of its Leaf electric car at the CES “If you want to sell electric cars with significant volumes in India, you have to make them there. We are considering this (local manufacturing) as part of a study.”

The company is also looking at exporting the India-made electric cars and may sell it in other Asian countries to gain economies of scale and ride on India’s low-cost manufacturing processes.

Asked how soon can a decision be firmed up, Thomas said, “It depends on the Indian electric market, and how soon it develops.”

However, he said that the government needs to come up with credible solutions to support the growth of electric cars till they are in their infancy. “We’ve had many rounds of discussions with the Indian government on this issue. Though their target of having electric cars by 2030 is very clear, there is no clear roadmap on how to get there. We need more clarity.”

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Posted By : Rabi Wangkhem on Tue, 16 Jan 2018
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