The 2022 Nissan Leaf has been priced from $28,375 including destination, undercutting the 2022 Chevy Bolt EV by over $3,500.
The Japanese automaker confirmed the electric hatchback’s revised pricing structure on Tuesday. The low new base price applies to the entry-level S trim, which features a 40 kWh lithium-ion battery providing an estimated range of 149 miles. Qualified purchasers may also be eligible for a federal tax credit of up to $7,500, which would lower the price of the vehicle to $20,875.
Prices for the Leaf S Plus, which features a larger 62 kWh lithium-ion battery, start at $33,375 including destination. This model has the most amount of range of any Leaf variant, boasting an estimated driving range of 226 miles.
“Nissan was the first automaker with a globally available mass-market electric vehicle and we’re continuing in the tradition of making electric vehicles available to everyone,” Nissan EV sales and marketing director, Aditya Jairaj, said in a statement. “With the amount of technology that LEAF offers, combined with new pricing, this is simply just an amazing value.”
For reference, the 2022 Chevy Bolt EV is priced from $31,995 and comes standard with a 65 kWh lithium-ion battery, which provides the vehicle with an estimated driving range of 259 miles. That means the base-level Chevy Bolt EV is less expensive than the long-range Plus version of the Nissan Leaf, despite offering 33 miles more estimated range.
It’s worth noting GM electric vehicles are ineligible for full federal EX tax credits, with the automaker surpassing the 200,000-unit sales threshold in late 2018. Nissan has not yet sold 200,000 EVs in the U.S., so its EV models still qualify for the $7,500 rebate.
The updated 2022 Chevy Bolt EV and new Chevy Bolt EUV are on sale now, with the two compact EVs first arriving at GM dealerships back in May.