By now, you would have heard of the news on Renault planning to unleash an $8,000 EV in China. The automaker will be collaborating with Nissan by sharing the same electric car platform for the upcoming Leaf/ZOE.

But wait, there’s more.

Mitsubishi is reported to be joining the duo in this platform sharing and it is slated to be gaining its very own electric vehicle based on this new platform.

This will help Nissan in bringing down the price of the upcoming Leaf to about 2 million yen, equivalent to about $17,000 or 20 percent lower that its current base price. This is all due to the platform sharing.

Over in the US, this figure would be about $24,500 or $17,000 after federal credit reduction. This will result in a lower pricing than the current $30,680 MSRP for the entry-level 30kWh Leaf, despite the rumors that the upcoming Leaf will be coming with a higher base capacity.

Nikkei, a Japanese news outlet, stated that this figure “would make an electric Nissan as cheap as the company’s gasoline counterparts, something Nissan hopes will set it apart from rival auto groups. The Leaf currently starts at about 2.8 million yen, higher than similar classes of gasoline-powered cars.”

Rumor has it that in 2018, Renault-Nissan, along with Mitsubishi, will be collaborating to create a shared electric car platform. This will be utilized for all future electric models.

It’s hard to argue against the fact that platform sharing will aid in decreasing vehicle prices but this may result in affecting the vehicle’s quality. Will that still be a good move then?

Staff Reporter

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