|2014 Chevrolet Volt|
But GM is not the only automaker slashing prices. In fact, Nissan led the charge, reducing the base price of the 2013 Nissan Leaf SV from $35,200 to $31,820, and introducing a base model 2013 Nissan Leaf S at $28,800. Honda has followed suit, cutting the monthly lease price of its new Fit EV from $389 to $259. Smart has reduced the lease price of its third-generation Electric Drive to just $139. And, Ford has made cuts to the price of its Focus EV.
|2013 Nissan Leaf|
|Tesla Model S|
Currently, the 2013 Nissan Leaf is the top selling battery vehicle. And, Tesla holds the market for high-end, sporty electric vehicles, surprising the auto industry with a second quarter profit for 2013. The base price of the Tesla Model S battery sedan is currently $62,400, but this steep price has obviously not dissuaded many customers.
Will the price cuts get more consumers into battery powered vehicles? Only time will tell.
Helping Consumers Get Rid of Lemons, 9 Years Running