Thursday, November 15, 2012

Falling Leaf

Nissan's electric car isn't doing so well:
Nissan Motor CEO Carlos Ghosn finally admitted the automaker will not meet its sales target for its all-electric Leaf — in another sign of the broad struggle of the electric vehicle industry.
"The forecast we have given ourselves for the year will not be reached," Ghosn told Bloomberg Television in Mexico City on Thursday.
Despite months of lagging sales, the Japanese automaker has steadfastly refused to acknowledge that it could not double sales in 2012 to 20,000 after selling nearly 10,000 in 2011.
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In April, Nissan said an executive misspoke when he said the company was not likely to double sales of its all-electric Leaf in 2012.
Ghosn has previously predicted that 10 percent of all vehicles sold by 2020 worldwide will be electric vehicles.
In a free market, when people want to buy them-and when the technology is there-electric cars will sell. Until then...

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