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- Nissan had announced to launch a new , small, eco-friendly vehicle wit a manufacturing base at Louisiana. The company is lightly to recieve state incentives for developing the manufacturing facilities.
- The facility is also by Technology Vehicle Manufacturing Loan Program , the Department of Energy and venture capital firm Kleiner, Perkins Caufield & Byers and energy investor T. Boone Pickens.
- Nissan is likely to invest in the small car, eco -friendly, fuel efficient project an amount of 50 billion yen ($516 million), which may rise to 100 billion yen, in new assembly lines capable of producing 50,000-100,000 vehicles a year by 2012.
As an update, I think they call this the nissan leaf now. It got great reviews but the problem of range anxiety was a big issue with the reviewers of the car
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