Nissan PH President says LEAF EV price tag set to get price cut

Updated Feb 01, 2023 | Same topic: Automotive Industry Updates

Getting into EVs might get more wallet-friendly. 

A couple of days ago on January 30, 2023, Nissan Philippines held a thanksgiving event to celebrate the several milestones it has achieved in 2022. One of the bigger announcements during the said event was shared by Nissan President Juan Manuel Hoyos, and it pertains to an upcoming price reduction for the LEAF electric vehicle (EV).  

A picture of the Nissan LEAF on the road

The Philippine-spec Nissan LEAF

The said price reduction for the Nissan LEAF is connected to the new Executive Order on the tariffs for imported EVs for the Philippine market. To further clarify, Executive Order No. 12 imposes a “zero tariff rate” for imported EV models. It will then run for five years.  

The LEAF is of course qualified for the aforementioned tariff modification, as it is indeed a fully electric-powered vehicle. Propelling it is an electric motor and a 40-kWh lithium-ion battery, capable of producing up to 148 horsepower and 320 Nm of torque. Furthermore, it is brought into the country straight from the Oppama plant in Kanagawa, Japan. 

A picture of the NIssan LEAF on the highway.

Nissan LEAF from the rear

By how much the LEAF’s price will be cut is still unknown for now. So for this, we’ll just have to wait for more news from Nissan Philippines. But by effectively having zero tariff rates, we can predict that it will be significant.  

As for Nissan Philippines’ 2022 milestones that were celebrated during the event, there were the successful launches of the updated Urvan, Navara Calibre-X, as well as the LEAF.  

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During the same year, Nissan PH also brought into the country the all-new Kicks e-Power crossover, as well as the all-new Livina seven-seater MPV.  

It was also back in 2022 when the brand rolled out the Blue Switch initiative, which was made possible with the aid of partnerships with both private and government stakeholders. This mainly concerns bringing in EVs to contribute to a “cleaner world and a sustainable society.” 

A picture of the Nissan PH posing with automotive journos.

Nissan PH president Juan Manuel Hoyos together with members of the media

With regards to what’s in store for Nissan PH in 2023, Hoyos mentioned that everyone can expect to see a “showcase of speed, excitement, and performance.”  

That sounds exciting, but we don’t know what that exactly means as Nissan is yet to provide more clues regarding that. Do stay here on Philkotse though, if you’re looking for more news on the Japanese marque’s plans for 2023.  

Know more about Nissan LEAF 2024

Nissan LEAF

The Nissan LEAF 2023 Philippines is a 5-door hatchback fitted with an all-electric powertrain. It is offered in the Philippines with one variant only which is priced at Php 1,998,000. Powering this electric vehicle (EV) is a synchronous electric motor capable of generating 148 horsepower and 320 Nm of torque. A 40-kWh lithium-ion battery is used, which aids the model's 311 km range. Only a single-speed gear reduction system is utilized to exclusively send power to the front wheels.

Dimensions-wise, the LEAF has a length of 4,490 mm, a width of 1,788 mm, and a height of 1,540, with ground clearance and wheelbase rated at 155 mm and 2,700 mm, respectively. This is the first and only commercially-available EV in the country. But in the all-electric options, the alternatives of Filipino car buyers include the Porsche Taycan, Hyundai Ioniq EV, and BYD E6.

₱ 1,998,000

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Cesar G.B. Miguel

Cesar G.B. Miguel

Author

Cesar Guiderone B. Miguel was born and raised in Iligan City, Lanao Del Norte. He graduated in 2010 with a Bachelor of Arts in English degree from Mindanao State University - Iligan Institute of Technology. He previously worked as a freelance writer for various websites, as a member of the Iligan City Disaster Risk Reduction Management's training staff, and as a medical sales representative.

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