Nissan Brings New, U.S.-Assembled 2013 LEAF to Market with Major Price Reduction

    Nissan Brings New, U.S.-Assembled 2013 LEAF to Market with Major Price
                                  Reduction

- Addition of a new LEAF S trim level lowers entry price by more than $6,000,
or 18 percent

- Available federal and state incentives can bring price down to less than
$19,000

- Improved energy efficiency, faster charging times and greater customer
choice headline 2013 model year improvements

PR Newswire

FRANKLIN, Tenn., Jan. 14, 2013

FRANKLIN, Tenn., Jan. 14, 2013 /PRNewswire/ --Nissan has announced that U.S.
pricing for the new 2013 Nissan LEAF will start at an MSRP of $28,800 for the
newly-added S grade, making it the lowest priced five-passenger electric
vehicle sold in the United States. Depending on location, some consumers may
purchase the vehicle for as low as $18,800 with qualifying federal and state
tax credits, putting the LEAF on par with gas-powered vehicles of its size.

(Photo: http://photos.prnewswire.com/prnh/20130114/CL42137 )
(Logo: http://photos.prnewswire.com/prnh/20080506/NISSANBADGELOGO )

Nissan's objective for the LEAF has always been to produce an affordable
zero-emission vehicle for the mass market, and the 2013 LEAF is a prime
example of that commitment with increased value at every trim level, making it
more accessible for more people.

"With nearly 50,000 LEAFs on the road globally, we are the leaders in zero
emissions vehicles and our class-leading product just got better," said Billy
Hayes, Global vice president of LEAF sales for Nissan. "From the very outset,
Nissan has continuously advanced and refined the affordable zero emissions
vehicle ownership experience. Now customers won't have to pay a premium for
owning a green car that's really fun to drive, and that's exciting."

Nissan recently began U.S. assembly of the 2013 Nissan LEAF at its
manufacturing plant in Smyrna, Tenn., a localization initiative that further
drives efficiencies by leveraging already-existing equipment and processes
while also reducing exposure to fluctuations in foreign currency. The battery
packs that power LEAF are built in an adjacent facility in Smyrna while the
vehicle's electric motor comes from Nissan's powertrain plant in Decherd,
Tenn., further supporting efficient manufacturing.

Eligible consumers can take advantage of a $7,500 federal tax credit, and some
states and municipalities offer additional incentives. For example, California
residents can get a 2013 Nissan LEAF for as low as $18,800 after the federal
tax credit and state rebate of $2,500.

Nissan will also continue its lease offer for the 2013 LEAF, allowing
consumers to lease the electric vehicle for as low as $199 per month for 36
months, which includes tax credits and destination charges.

Additions to the 2013 LEAF include: 17-inch alloy wheels and leather appointed
interior on SL models, available Around View® Monitor and 7-speaker Bose®
energy efficient audio system and a 6.6 kW onboard charger that significantly
reduces 220V charging times and is standard on SV and SL models.

Manufacturer's Suggested Retail Prices* (MSRP) for the 2013 Nissan LEAF:

Model   MSRP*
LEAF S  $28,800 USD
LEAF SV $31,820 USD
LEAF SL $34,840 USD

About the 2013 Nissan LEAF
Now in its third model year, the Nissan LEAF is the world's best-selling pure
electric vehicle with nearly 50,000 cumulative sales worldwide. For 2013, the
LEAF features numerous customer-focused upgrades. LEAF is powered by a
responsive 80kW AC synchronous motor produced at Nissan's Powertrain Assembly
plant in Decherd, Tenn. The 2013 LEAF's output is 107 horsepower, with 187
lb-ft. of torque. Energy is supplied by an advanced 48-module lithium-ion
battery made at the new battery plant in Smyrna, Tenn.

The 2013 Nissan LEAF is offered in three well-equipped models, the LEAF S,
LEAF SV and LEAF SL. Standard features include 6-way manual driver's seat,
4-way manual front passenger's seat, trip computer (instant and average energy
consumption, driving time, outside temperature and autonomy range), Automatic
Temperature Control (ATC), center console storage and 3.6 kW onboard charger.
Other standard equipment includes Nissan Intelligent Key® with Push Button
Start, Bluetooth® hands-free phone system, power windows with driver's window
one-touch auto up/down, power door locks with auto locking feature, remote
charge door release, variable intermittent windshield wipers, AM/FM/CD with
MP3 playback capability and a 12-volt power outlet.

LEAF SV models are upgraded to 16-inch aluminum alloy wheels, a 6.6 kW onboard
charger, cruise control, auto dimming rear view mirror, energy saving hybrid
heating system, an upgraded 6-speaker sound system, 7-inch color LCD display,
Pandora® link for iPhone users, Nissan Navigation system with CARWINGS
telematics and B-mode setting for increased regenerative braking. At an MSRP
of $31,820, the 2013 LEAF SV represents a $3,380 savings over a similar 2012
model.

LEAF SL adds leather-appointed seats, 17-inch five spoke alloy wheels, DC 480V
fast charge port, automatic on/off LED headlights, fog lights, photovoltaic
solar panel rear spoiler and HomeLink® Universal Transceiver. At an MSRP of
$34,840, the 2013 LEAF SL represents a $2,410 savings over a similar 2012
model.

Incremental aerodynamic and energy management improvements are expected to
give the 2013 LEAF improved range** over previous model years. Final range
estimates for the 2013 Nissan LEAF are awaiting EPA test cycle verification.

About Nissan
Nissan Motor Co., Ltd., Japan's second-largest automotive company, is
headquartered in Yokohama, Japan, and is part of the Renault-Nissan Alliance.
Operating with more than 248,000 employees globally, Nissan provided customers
with more than 4.8 million vehicles in 2011, generating revenue of 9.4
trillion yen ($118.95 billion US). With a strong commitment to developing
exciting and innovative products for all, Nissan delivers a comprehensive
range of 64 models under the Nissan and Infiniti brands. A pioneer in
zero-emission mobility, Nissan made history with the introduction of the
Nissan LEAF, the first affordable, mass-market, pure-electric vehicle and
winner of numerous international accolades, including the prestigious
2011-2012 Car of the Year Japan and 2011 World Car of the Year awards.

About Nissan North America
In North America, Nissan's operations include automotive styling, design,
engineering, consumer and corporate financing, sales and marketing,
distribution and manufacturing. Nissan is dedicated to improving the
environment under the Nissan Green Program 2010 and has been recognized as a
2010 and 2011 ENERGY STAR® Partner of the Year by the U.S. Environmental
Protection Agency. More information about Nissan in North America and the
complete line of Nissan and Infiniti vehicles can be found online at
www.NissanUSA.com and www.Infiniti.com.

With a strong commitment to developing exciting and innovative products for
all, Nissan delivers a comprehensive range of fuel-efficient and low-emissions
vehicles under the Nissan and Infiniti brands. A pioneer in zero emission
mobility, Nissan made history with the introduction of the Nissan LEAF, the
first affordable, mass-market, pure-electric vehicle and winner of numerous
international accolades including the prestigious 2011 European Car of the
Year award.

For more information on our products, services and commitment to Sustainable
Mobility, visit our website at http://www.nissan-global.com/EN/.

* MSRP excludes applicable tax, title, license fees and destination charges.
Dealer sets actual price. Prices and specs are subject to change without
notice.

**Charging times and range estimates may vary depending on driving/charging
habits, weather, temperature and battery age. A 6.6W onboard charger is a
standard feature on SV and SL trims, and optional feature on the S trim.

SOURCE Nissan North America

Contact: Travis Parman, Nissan Corporate Communications, +1-615-725-5828,
Travis.Parman@Nissan-USA.com