To take on growing competition from electric car manufacturer Tesla, Japanese automobile major Nissan Motor today launched its new Leaf electric vehicle (EV).
It will be sold in Japan from October 2 and in Canada and the US from January next year.
"The new Leaf electric car can run about 400 km on a single charge by Japanese standards which is 40 per cent higher compared to the previous Leaf model," the company said in a statement.
The statement further said the new Leaf sets a new standard in the growing market for mainstream electric cars by offering customer greater range, advanced technologies and a dynamic new design.
Nissan Motor said it is a global full-line vehicle manufacturer that sells more than 60 models under the Nissan, Infiniti and Datsun brands.
In 2016 fiscal, the company sold 5.63 million vehicles globally, generating revenue of 11.72 trillion yen.
The Japanese firm had launched the Leaf electric car in 2010.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
Top 7 Large and Mid Cap Mutual Funds with Best SIP Returns in 5 Years: No. 1 fund has turned Rs 15,000 monthly SIP investment into Rs 20,54,384; know about others
New Year Pick by Anil Singhvi: This smallcap stock can offer up to 75% return in long term - Check targets
PSU Oil Stocks: Here's what brokerage suggests on these 2 largecap, 1 midcap scrips - Buy, Sell or Hold?
04:19 PM IST