The Auto Channel
The Largest Independent Automotive Research Resource
The Largest Independent Automotive Research Resource
Official Website of the New Car Buyer

Nissan Altra EV Pricing

21 December 1998

Nissan Announces Delivery and Pricing for New Altra EV Electric Vehicle NISSAN ALTRA EV At the Nissan Carson headquarters, Mr. John Schutz, Director of Nissan Research and Development hands the keys to four new Altra EVs to Tom Anderbery, electric vehicle program manager of the Los Angeles Department and Power. (PR NewsFoto)[PH] CARSON, CA USA 12/18/1998     NISSAN ALTRA EV At the Nissan Carson headquarters, Mr. John Schutz, Director of Nissan Research and Development hands the keys to six new Altra EVs to representatives from Southern California Edison. (PR NewsFoto)[AS] CARSON, CA USA 12/18/1998     NISSAN ALTRA EV Kent Harris, Pacific Gas and Electric representative accepts the keys from Mary Fraher, Nissan Motor Corporation marketing manager. (PR NewsFoto)[AS] CARSON, CA USA 12/18/1998    
    CARSON, Calif., Dec. 18 -- Nissan today announced initial
delivery and pricing information for its Altra EV electric vehicle, the zero
emission vehicle developed for use in the United States.  The Altra EV
incorporates the versatility of a compact van with the environmental benefits
of an electric vehicle.
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19981218/LAF039 )
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19981218/LAF039-b )
    (Photo:  http://www.newscom.com/cgi-bin/prnh/19981218/LAF039-c )
    The 1998 Nissan demonstration fleet program in California consists of
30 units with 98 additional units to follow in 1999/2000.  To further evaluate
the advanced technology of the Altra EV, these vehicles have been made
available to select fleet customers and Nissan employees.  Retail availability
for the general public will be announced at a later date.  The first 15 units
will be leased to the following utility companies: Southern California Edison
Company (6), Pacific Gas and Electric Company (3), Los Angeles Department of
Water and Power (4), and San Diego Gas and Electric Company (2).
    "The Altra EV successfully aids the environment without compromising its
usefulness," said James Scheidler, a Southern California Edison electric
vehicle fleet engineer.  "We're excited about using these environmentally
friendly vehicles and grateful to Nissan for the opportunity to do so."
    The remaining 15 units available in 1998 have been leased by Nissan
employees at the company's Carson headquarters.
    Altra EV's manufacturer's suggested retail price (MSRP) is $50,999 and a
lease price of $599 per month for three years, with unlimited mileage.  The
lease price includes a bumper-to-bumper warranty and 24-hour roadside
assistance.  Additionally, this price incorporates a $5,000 buy down incentive
from participating Air Quality Management Districts.
    "We've enjoyed a very positive response to the Altra EV -- particularly
for its styling, spacious design and range," said Mark Perry, Nissan's
corporate manager of category marketing.  "We believe the Altra EV clearly
demonstrates that it's possible to have the best of both worlds: zero
emissions and high-utility."
    Altra EV, manufactured on an all-new platform at Nissan's Tochigi assembly
plant, is the first production electric vehicle in the United States to use a
Lithium-ion (Li-ion) battery.  The Li-ion battery, developed jointly by Nissan
and Sony Corporation, offers a greater energy charge from a lighter battery
pack.  The Li-ion battery renders a practical driving range of 80-100 miles
and takes only five hours to completely recharge.  Other primary benefits of
the Li-ion battery include an accurate state-of-charge measurement without the
"memory effects."  The Altra also features an 83 horsepower/62kW neodymium
permanent magnet synchronous AC electric motor.
    Standard features on the Altra EV include front and rear ABS brakes,
pre-programmable air conditioning, power windows, power locks, cruise control,
dual airbags, remote keyless entry, state of charge (SOC) control system,
15-inch aluminum alloy wheels, front and rear captain's chairs, and a
100-watts AM/FM/CD audio system.
    In North America, Nissan's operations include styling, engineering,
manufacturing, sales, consumer and corporate financing, and industrial and
textile equipment.  Nissan in North America employs more than 20,000 people in
the United States, Canada and Mexico, and generates more than 70,000 jobs
through more than 1,500 Nissan and Infiniti dealerships across the continent.
More information on Nissan in North America and the complete line of Nissan
and Infiniti vehicles can be found online at http://www.nissan-usa.com and
http://www.nissan-na.com.

    Visit the Nissan Online News Bureau at http://www.nissannews.com