Nissan Says Electric Car Is Sold Out for This Year
May 26, 2010
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So far so good for plug-in electric vehicle sales. Nissan reported this morning that it has already received 19,000 pre-orders for the all-new Leaf in the United States. That's very strong demand, but it remains to be seen how many people who have put down a tiny $99 deposit will actually follow through and take delivery of a Leaf. Not to mention how many of the people who are interested in the car have the ability to charge it in their home. Obviously people who live in apartments or the city very likely will not have a place to charge their Leaf.
Again for anyone who has not read my previous posts on this subject, I am not buying the manufacturers of these low margin electric vehicles, but instead I own stock in two major power companies (this is just one of the many reasons that I own utilities). If Nissan actually delivers 19,000 Leafs (or is it Leaves...hmmmmmm) in 2011 that's 19,000 homes that will see their power consumption spike. Ford estimates that the introduction of an electric vehicle to a household could cause its electricity use to double. The initial beneficiaries of this trend will likely be power companies in California and other states that provide tax credits and infrastructure for electric vehicles, but if they catch on power companies across the country will see increased demand.
Nissan Says Electric Car Is Sold Out for This Year
Deej
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