2017 Nissan Leaf Price Will Be 20% Lower As Mitsubishi, Nissan, Renault Partners

Dec 23, 2016 08:07 AM EST | Mariechris Felipe

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The 2017 Nissan Leaf price will be 20 percent lower, thanks to the partnership between Mitsubishi, Nissan and Renault. According to sources, the Nissan intends to produce the second generation of Leaf so that its final cost is much more competitive. 

Nissan, Renault and Mitsubishi Motors are planning the sharing of electric vehicle platforms, which will allow the partners to ensure synergy and cut down production costs by an ambitious 20 percent. This includes the 2017 Nissan Leaf and the Renault Zoe. The three brands will also share components such as the engine, the inverters and the batteries, according to .

As of now, the price of a Nissan Leaf is pegged at around $30,000. With Nissan's target, the 2017 Nissan Leaf should cost only about $20,000 to $25,000, which will allow it to have a stronger lead in the pure electric segment, according to . Even with Tesla cars around, Nissan Leaf is the more economical electric vehicle choice. Its future drop in price also comes at a perfect time, given that the Tesla Model 3 will also be getting its own markdown in price as a more affordable trim starts being delivered by the brand to motorists next year.

Nissan, with Leaf, and Renault, with Zoe, have been able to sell more than 370,000 units since the companies' respective models were released, making these two manufacturers the manufacturers with the largest share of the electric car market. Even so, both models have been developed separately, so a collaboration fits perfectly. At the very least, it seems it will cement the 2017 Nissan Leaf and Renault Zoe's domination of the electric vehicle market.

However, despite sharing platforms and various mechanical elements, Mitsubishi, Nissan and Renault ensured that specific manufacturers will be responsible for developing the design of the vehicle. The manufacturer will also be free to create the elements that best translate from each of the brands, and the 2017 Nissan Leaf is expected to have a few styling changes when it finally arrives.

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