Nissan and Mitsubishi unveil EV cars priced at less than $15,000


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Nissan Motor and Mitsubishi Motors have unveiled two new electric mini vehicles, betting consumers will embrace a battery-powered take on the well-loved class of tiny, affordable Japanese cars.

Marking a key push into a less-served part of the EV market that could help spur wider adoption, the chiefs of the car makers took the wraps off Nissan’s Sakura and Mitsubishi’s eK X EV on Friday.

The boxy EVs are set to go on sale in Japan this summer, at a starting price of less than $15,000.

The interior of a Mitsubishi eK X EV. Bloomberg
The interior of a Mitsubishi eK X EV. Bloomberg

Small and affordable “kei” mini vehicles are a popular means of transportation in Japan, especially among workers and families living outside major cities, where roads are narrow and public transport is sparse.

In 2020, they made up more than a third of new passenger car registrations in Japan.

“What Nissan and Mitsubishi are doing, this is the way it should be,” said Takeshi Miyao, an analyst at automotive consultancy Carnorama, referring to their alliance that also includes Renault, and which has been strained in recent years.

“This technology is going to be beneficial for the alliance.”

As Japan’s government pushes for the country to go net-zero emissions by 2050, the kei-car segment has been highlighted as one that’s especially difficult to electrify.

Industry officials have warned adding batteries to kei cars could push their prices out of traditional buyers’ reach.

A Nissan Sakura electric vehicle at the Mizushima plant in Kurashiki, Okayama prefecture, Japan. Bloomberg
A Nissan Sakura electric vehicle at the Mizushima plant in Kurashiki, Okayama prefecture, Japan. Bloomberg

The cost of buying kei EVs should eventually fall to less than 1.5 million yen ($11,700), according to Mr Miyao. Nissan and Mitsubishi’s joint models get pretty close. After subsidies, both cars start at around 1.8m yen.

While that’s on the expensive side for the category, Japanese car makers have been nudging prices higher in recent years, as they’ve added more features and safety technology.

The vehicles developed by the car makers’ NMKV joint venture are fitted with small 20 kilowatt-hour batteries, giving them “enough cruising range to meet daily needs", Nissan chief executive Makoto Uchida said at an event in Okayama, in Chugoku region.

“I hope many customers will be able to experience the benefits electric vehicles can offer.”

Other car makers — including Honda Motor and Daihatsu Motor, a unit of Toyota Motor — are crafting plans to roll out their own electric mini models within the next few years, which could accelerate Japan’s relatively slow embrace of EVs.

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UAE currency: the story behind the money in your pockets
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Starring: Yonas Kibreab, Zoe Saldana, Brad Garrett

Directors: Madeline Sharafian, Domee Shi, Adrian Molina

Rating: 4/5

THE SPECS

BMW X7 xDrive 50i

Engine: 4.4-litre V8

Transmission: Eight-speed Steptronic transmission

Power: 462hp

Torque: 650Nm

Price: Dh600,000

Profile of RentSher

Started: October 2015 in India, November 2016 in UAE

Founders: Harsh Dhand; Vaibhav and Purvashi Doshi

Based: Bangalore, India and Dubai, UAE

Sector: Online rental marketplace

Size: 40 employees

Investment: $2 million

Green ambitions
  • Trees: 1,500 to be planted, replacing 300 felled ones, with veteran oaks protected
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Developer: Treyarch, Raven Software
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The specS: 2018 Toyota Camry

Price: base / as tested: Dh91,000 / Dh114,000

Engine: 3.5-litre V6

Gearbox: Eight-speed automatic

Power: 298hp @ 6,600rpm

Torque: 356Nm @ 4,700rpm

Fuel economy, combined: 7.0L / 100km

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The specs
  • Engine: 3.9-litre twin-turbo V8
  • Power: 640hp
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Engine: 2.0-litre 4cyl turbo

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Transmission: 8-speed auto

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Infobox

Western Region Asia Cup Qualifier, Al Amerat, Oman

The two finalists advance to the next stage of qualifying, in Malaysia in August

Results

UAE beat Iran by 10 wickets

Kuwait beat Saudi Arabia by eight wickets

Oman beat Bahrain by nine wickets

Qatar beat Maldives by 106 runs

Monday fixtures

UAE v Kuwait, Iran v Saudi Arabia, Oman v Qatar, Maldives v Bahrain

The specs: 2018 Mercedes-Benz E 300 Cabriolet

Price, base / as tested: Dh275,250 / Dh328,465

Engine: 2.0-litre four-cylinder

Power: 245hp @ 5,500rpm

Torque: 370Nm @ 1,300rpm

Transmission: Nine-speed automatic

Fuel consumption, combined: 7.0L / 100km

The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
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Transmission: Eight-speed auto
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CSIL 2-star 145cm One Round with Jump-Off

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2.           Anikka Sande (NOR) For Cash 2 39.09

3.           Georgia Tame (GBR) Cash Up 39.42

4.           Nadia Taryam (UAE) Askaria 3 39.63

5.           Miriam Schneider (GER) Fidelius G 47.74

Other acts on the Jazz Garden bill

Sharrie Williams
The American singer is hugely respected in blues circles due to her passionate vocals and songwriting. Born and raised in Michigan, Williams began recording and touring as a teenage gospel singer. Her career took off with the blues band The Wiseguys. Such was the acclaim of their live shows that they toured throughout Europe and in Africa. As a solo artist, Williams has also collaborated with the likes of the late Dizzy Gillespie, Van Morrison and Mavis Staples.
Lin Rountree
An accomplished smooth jazz artist who blends his chilled approach with R‘n’B. Trained at the Duke Ellington School of the Arts in Washington, DC, Rountree formed his own band in 2004. He has also recorded with the likes of Kem, Dwele and Conya Doss. He comes to Dubai on the back of his new single Pass The Groove, from his forthcoming 2018 album Stronger Still, which may follow his five previous solo albums in cracking the top 10 of the US jazz charts.
Anita Williams
Dubai-based singer Anita Williams will open the night with a set of covers and swing, jazz and blues standards that made her an in-demand singer across the emirate. The Irish singer has been performing in Dubai since 2008 at venues such as MusicHall and Voda Bar. Her Jazz Garden appearance is career highlight as she will use the event to perform the original song Big Blue Eyes, the single from her debut solo album, due for release soon.

Karwaan

Producer: Ronnie Screwvala

Director: Akarsh Khurana

Starring: Irrfan Khan, Dulquer Salmaan, Mithila Palkar

Rating: 4/5

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Date started: February 2017

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Size: 50 employees

Funding: approximately $6m

Investors: Beco Capital, Enabling Future and Wain in the UAE; China's MSA Capital; 500 Startups; Faith Capital and Savour Ventures in Kuwait

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At a glance

Global events: Much of the UK’s economic woes were blamed on “increased global uncertainty”, which can be interpreted as the economic impact of the Ukraine war and the uncertainty over Donald Trump’s tariffs.

 

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Welfare: Universal credit health element cut by 50 per cent and frozen for new claimants, building on cuts to the disability and incapacity bill set out earlier this month

 

Spending cuts: Overall day-to day-spending across government cut by £6.1bn in 2029-30 

 

Tax evasion: Steps to crack down on tax evasion to raise “£6.5bn per year” for the public purse

 

Defence: New high-tech weaponry, upgrading HM Naval Base in Portsmouth

 

Housing: Housebuilding to reach its highest in 40 years, with planning reforms helping generate an extra £3.4bn for public finances

Updated: May 21, 2022, 4:00 AM`