Nissan's partner Renault is switching to LG batteries from Korea. They work better. Most likely NISSAN will announce they are too. The fact is the technology the Leaf is outdated.
I was told that NISSAN was using battery technology from the 90's during the C.A.R.B. days.
The car really cost about 80k to build. ALSO their is no cost savings (even with the Yen issue) because the parts are shipped to Tennessee to then construct the car. Also NISSAN is on the Iran watch list and the Hill recently reported that companies "like NISSAN" that do business in Iran will "no longer"get federal money or ANY American taxpayer money.
The Leaf EV will be build from a "kit" the parts to that kit will create "up to" 4 distribution jobs. The 1300 jobs promised will not happen. A NISSAN source told me 60-70 jobs based on current demand.
The collateral for the NISSAN 1.4 Billion dollar DOE loan is a taxpayer backed IDB bond.
NISSAN wants to renegotiate the terms.
Can someone investigate what I just wrote. These issues are real and NOBODY wants to admit that an Obama Bundler approved a loan that was funded from the Treasury bank to a company that does business in Iran.
NISSAN's partner Renault is switching to batteries made in Korea by LG. I was told that NISSAN would do the same. That is "most likely" why the celebration did not happen. They only sent out the invitations because so mush taxpayer money was used. NISSAN took 1.4 Billion to build a car with battery technology from the C.A.R.B. days. that back then was a "failure"... Each battery module cost about 1 K to produce and each leaf has 48 modules. I was told the "real" price of the Leaf is about 80K.
NISSAN is trying to renegotiate the terms of the Dept. of Energy Loan.
The collateral for the 1.4 Billion is NOT backed by NISSAN it's a Rutherford County IDB bond for 2 Billion.
Someone should do some research.