September 7, 2017 / 6:33 AM / 18 days ago

Nissan signals a future EV crossover model

Nissan Motor Co's new Leaf, the latest version of the world's top selling electric vehicle (EV), is seen during its world premiere in Chiba, Japan, September 6, 2017. REUTERS/Kim Kyung-Hoon

YOKOHAMA, Japan (Reuters) - Nissan Motor Co (7201.T) said on Thursday it was considering producing an electric SUV in the near future as it expects demand for electric vehicles (EVs) to increase in coming years.

“We might have a crossover EV shortly in the future,” Daniele Schillaci, head global sales and marketing who also oversees Nissan’s EV business, told reporters.

“It’s totally logical for us, given the strong EV experience we’ve had, to see this technology one day will be carried to a crossover,” he added, while declining to elaborate on specific timing or models.

Nissan on Wednesday launched a revamped version of its Leaf EV hatchback model, going head-to-head with Tesla Inc’s (TSLA.O) Model 3 and hoping to blunt criticism of limited driving ranges undermining EVs’ mass-market appeal. [L8N1LL070]

The car, on sale in Japan from Oct. 2 and elsewhere in early 2018, can run for 150 miles (241 km) on a single charge based on estimates using U.S. Environmental Protection Agency (EPA) regulations, using a 40 kilowatt hour (kWh) battery. Prices in Japan will start from 3.15 million yen ($28,992).

Nissan is planning to release a longer-range, higher priced Leaf next year which will carry a bigger, 60 kWh battery. Schillaci said the car would be able to travel more than 225 miles (362 km), using EPA-based estimates.

The Leaf’s launch comes after luxury electric car maker Tesla made its first foray into the Leaf’s more affordable price band in July with its $35,000, 220-mile Model 3.

General Motors Co’s (GM.N) Bolt, released last year, runs for about 283 miles (455 km) and has a price tag of about $37,000.

Schillaci said the automaker was also looking at ways to expand its “e-Power” gasoline hybrid system into other regions following strong sales in Japan of the e-Note, its compact multipurpose vehicle launched last year which was the first model to use the system.

Reporting by Naomi Tajitsu; Editing by Chris Gallagher

Our Standards:The Thomson Reuters Trust Principles.
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