Asset Castle Investments Follows Nissan Electric Car Sales Surge

Asset Castle Investments is following Nissan Motor Co, as sales of the company's Electric Leaf cars set new a record in 2015.

The world’s largest manufacturer of electric vehicles, Nissan Motor Co, is confident for its future operations as figures released today show that the company had reached a new sales record for its Leaf hatchbacks in the U.S last year. Nissan’s battery powered Leaf cars experienced a rise in sales of 130% in 2015, selling 22’610 cars aided by part by a surge in end of year sales seeing 2529 vehicles delivered in December.

CEO of Nissan, Carlos Gohsn, stated in interview that he was optimistic of achieving a doubling of sales figures for the U.S market this year. With Nissan delivering approximately 3’000 vehicles a month across its range, Nissan intends to increase deliveries to 4’000 vehicles per month; no firm date has been set for this benchmark.

“The U.S auto market is under constant pressure to increase fuel efficiency and electric and hybrid vehicles go a long way to meeting some rather stringent timeframes for this.  Sales of electric and hybrid cars now account for 3.7% of total sales in the U.S, rising by about 100’000 units last year and we would expect that will increase further still in 2016” explained Automotive Industry Consultant for Asset Castle Investments, Anthony Mara.

 Entering the U.S market in 2010, sales of the Nissan leaf enjoyed gains in sales helped by both reduced sales prices and the beginning of U.S based production at the company’s Franklin Tennessee plant of both the cars and their lithium-ion battery units. Sales of electric and hybrid models from other car manufacturers also gained significantly over 2015, with all expecting additionally increased sales this year.

 “We’re really still in the early stages, so far as electric vehicles in the U.S, so there’s bound to be a learning curve at play here and Nissan is very good at adapting quickly to changing environments. They have a lot of experience in this niche and this has helped in no small part to their gains in share value of 11% over the past 12 months” concluded Anthony Mara of Asset Castle Investments.