Posts Tagged ‘finance’

Is the Renault-Nissan Alliance Going in Two Different Electric Car Directions?

Editor’s Note: This is part four of an exclusive sit down I had with Hideaki Watanabe, Nissan’s Division Manager of their Global Zero Emission Business Unit, at last week’s U.S. debut of the LEAF in Los Angeles. Part one is devoted to battery swapping, part two to battery leasing, and part three to the quietness and safety of EVs.

During the Frankfurt Motor Show in September, Renault invited Gas 2.0’s own UK-based Chris Milton to an exclusive event detailing the company’s electric car strategy. The event introduced some rather quirky (and quirkily named) electric cars, including the Twizy, the Kangoo, and the Zoe. These aren’t just concept cars, they are cars that Renault intends to build and sell—some by next year.

Based on those releases—and the fact that Nissan hasn’t invested anything in battery swapping while Renault has jumped in head first—it started to seem that the Renault-Nissan Alliance was taking two completely different paths on the road to EV world domination. On the one hand you have Nissan with the rather mainstream-looking LEAF and plans for a luxury Infiniti electric car. And on the other you have… the Twizy.

In my recent sit down with Hideaki Watanabe, Nissan’s Division Manager of their Global Zero Emission Business Unit, I asked him to explain why Nissan and Renault were apparently moving in opposite directions.

Nissan EV Chief Talks About Quietness Versus Safety of Electric Cars

Editor’s Note: This is part three of an exclusive sit down I had with Hideaki Watanabe, Nissan’s Division Manager of their Global Zero Emission Business Unit, at last week’s U.S. debut of the LEAF in Los Angeles. Part one is devoted to battery swapping, part two to battery leasing, and part four to the different zero emissions directions of Renault and Nissan within their alliance.

Nissan CEO Carlos Ghosn made it a point to highlight how quiet the upcoming Nissan LEAF electric car will be during an event in Los Angeles last week to mark the car’s U.S. debut. “LEAF has no engine, no tailpipe, no fuel tanks,” he remarked. “As a result LEAF has zero carbon emissions, zero particle [emissions] and zero noise. It’s quiet and clean.”

The gathering crowd of electric car makers has been drumming this “quiet mantra” since day one, and, indeed, it is certainly a great selling point. But recently the quietness of EVs has come under scrutiny as a potential safety hazard to the blind, the elderly, and children; if you can’t hear the car, it’s one less warning you have of an impending accident.

Nissan Electric Car Chief Explains LEAF Battery Leasing

Editor’s Note: This is part two of an exclusive sit down I had with Hideaki Watanabe, Nissan’s Division Manager of their Global Zero Emission Business Unit, at last week’s U.S. debut of the LEAF in Los Angeles. Part one is devoted to battery swapping, part three to the quietness and safety of EVs, and part four to the different zero emissions directions of Renault and Nissan within their alliance.

As the Nissan LEAF nears its release to the consumer market, the topic of whether or not the battery will be leased or purchased with the car has come to the forefront. In many ways, Nissan has had an on-again, off-again relationship with the topic—leading to confusion among the media and potential customers about what, exactly, Nissan is planning.

In truth, Nissan hasn’t done the best job of presenting a clear picture of the topic. So I was surprised when, at last week’s U.S. LEAF unveiling, Nissan CEO Carlos Ghosn made the most definitive statement I’d heard on the subject to date: “The battery will not be sold, it will be leased, and the lease will be calculated in such a way that for the average U.S. citizen—which today drives between twelve thousand and fifteen thousand miles per year—the cost of the lease of the battery plus the cost of electricity is lower than the cost of gasoline.”

As expected, many in the media latched on to this statement as the final say on whether or not the LEAF battery will be leased, but based on Nissan’s past experience with this topic, I had a hunch that wasn’t really the full story. So I asked Hideaki Watanabe, Nissan’s Division Manager of their Global Zero Emission Business Unit, to elaborate.

Growth Potential: The New Intersection of Meaning, Metrics and Money

Even a year gone since the failure of Lehman, fundamental questions remain regarding the core underlying assumptions of our financial system.

Though currently derivatives trading and black boxes appear out of favour, what will replace them in terms of helpful and productive uses of capital still has yet to be determined. This question was what the Conference on Social Capital Market’s, or SoCap09 tried to give some structure to; while the trend towards sustainable investments and long-term ROI seems to have taken the place of actively managed funds seeking 20x returns.

Growth Potential: The New Intersection of Meaning, Metrics and Money

Even a year gone since the failure of Lehman, fundamental questions remain regarding the core underlying assumptions of our financial system. Though currently derivatives trading and black boxes appear out of favour, what will replace them in terms of helpful and productive uses of capital still has yet to be determined. This question was what the Conference on Social Capital Market’s, or SoCap09 tried to give some structure to; while the trend towards sustainable investments and long-term ROI seems to have taken the place of actively managed funds seeking 20x returns.

Growth Potential: The New Intersection of Meaning, Metrics and Money

Even a year gone since the failure of Lehman, fundamental questions remain regarding the core underlying assumptions of our financial system. Though currently derivatives trading and black boxes appear out of favour, what will replace them in terms of helpful and productive uses of capital still has yet to be determined. This question was what the Conference on Social Capital Market’s, or SoCap09 tried to give some structure to; while [...]

No Money Down Solar

That’s an intriguing lede to an article. Many of you may be suspicious that I’m going to be talking about CitizenRE and their alleged "free solar energy" offer, but this isn’t about that program. (And if you aren’t familiar with CitizenRE, I recommend that you take a look at the three-part series from Mike Taylor that discusses the program starting here.) Instead, I’m refering to an intriguing point that

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The Basics on Green Investing

Editor's note: Please welcome our newest writer, Christan Wasniewski. Based in St. Louis, Christan has worked in the world of international finance, and is now in the process of starting up the non-profit International Poverty Solutions, Inc., which will incubate and support businesses focused on alleviating international poverty, and finding market-based solutions to environmental challenges.

When was the last time we saw so many major companies make a mad dash to become more "eco-friendly"? From

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Fortune Profiles The Greening of Corporate America

Yvon Chouinard of Patagonia; recycling computer parts at H-PGreen Giants: Yvon Chouinard of Patagonia; recycling computer parts at H-PThe current issue of Fortune is a treasure trove of stories of companies that got the green religion. Some did it from the standpoint of a moral imperative. Others did it for the other type of green — money. The cover issue is about the so-called "coolest company" on earth,

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