Nissan Joins Tesla Selling California GreenCar Credits Bloomberg

8 Апр 2014 | Author: | Комментарии к записи Nissan Joins Tesla Selling California GreenCar Credits Bloomberg отключены
Nissan CHAdeMO Electric Cars

Nissan Joins Tesla California Green-Car Credits

Motor Co. (7201). the most electric-car maker, has begun green-car credits under ’s clean-air rules. The only that had previously disclosed so is Tesla Motors Inc.

California requires large to sell electric or other vehicles in proportion to their of the largest U.S. state for cars and trucks. Nissan has enough of its all-electric Leaf that it has started selling credits, Executive Vice Andy Palmer told in Irvine, California, this


“We’ve got carbon credits to and we’re selling them California ZEV credits,” Palmer He didn’t elaborate, and the Yokohama, company declined to provide about timing, price or

U.S. demand for plug-in and battery-only autos has been by California’s requirement for such to ease emissions of climate-warming dioxide and other exhaust and by federal rules aimed at fuel-efficiency by 2025. The state’s is to get 1.5 million zero-emission vehicles on the by 2025.

Tesla, too small to be to accrue the ZEV credits under pollution rules, has so far been the seller. Its first net income was possible in part by such to undisclosed mass-market rivals. In the half the Palo Alto.

company got $119 million, or 12 of its revenue, from ZEV credit

Including sales of credits for federal efficiency requirements, transactions accounted for 16 percent of total revenue.

Credit Counts

“As far as pure sales volumes go, it’s only a two-horse race at point,” between Tesla’s S and Nissan’s Leaf, said Ed an analyst at researcher AutoPacific “As with Tesla, this revenue they can count on for a time, but they can take of it while it is there.”

Tesla’s S, priced from $70,000 to than $100,000, generates as as seven ZEV credits, the maximum by California, because of its range of as as 300 miles (483 kilometers) per and ability to be rapidly “refueled” by its battery pack with a one.

Chief Executive Elon Musk said the will open its first facilities by year-end. Musk has said its ZEV credit sales drop in the third and fourth

Each Leaf sold in the U.S. electric-car markets, other states that in the California program, earns credits from the state’s Air Board, which manages it.

don’t set prices for ZEV credits and the are negotiated directly between said Dave Clegern, a for the Sacramento-based agency.

Leaf

Nissan declined to elaborate on its sales.

“While Nissan has approached by other automakers emission-credit transactions, these and the outcome of any transactions is held in confidence by all involved parties,” David Reuter, a spokesman for the

Nissan CHAdeMO Electric Cars

Nissan has sold 75,000 globally since late and California is among the car’s markets, Palmer said. The priced from about travels as far as 100 miles per charge. CEO Ghosn has said electric will account for as much as 10 of the global market by 2020.

Buyers of the Leaf or Model S $7,500 in U.S. tax credits separate from the credits among the companies — and rebates of $2,500 in California.

Surge

Nissan sold Leafs in the U.S. this through July, more triple a year earlier, and deliver 20,000 or more for all of Jose Munoz, the carmaker’s of sales for the Americas, said in an this week. That be more than double the it sold in all of last year.

“In the six months of this year sold as many as we sold year,” Munoz said in “Some months from I’d like to sit down with you and that we didn’t do 20,000 but more,” he said, without

Supply of the car, now built for the at Nissan’s Smyrna, Tennessee. after being imported Japan. is set to expand, Munoz

“To be honest, we have been by our production constraints,” he said. we have agreed to increase this year so that we can our sales.”

American depositary for Nissan, which has North operations based in Franklin, fell 1.3 percent to $20.06 at the in New York yesterday. Tesla, market value that to $20 billion this week, 0.2 percent to $166.06.

To contact the reporters on this Alan Ohnsman in Los Angeles at

To contact the editor responsible for story: Jamie Butters at

Nissan CHAdeMO Electric Cars
Nissan CHAdeMO Electric Cars
Nissan CHAdeMO Electric Cars
Nissan CHAdeMO Electric Cars
Nissan CHAdeMO Electric Cars
Nissan CHAdeMO Electric Cars

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