Tennessee To Offer Rebate For The Purchase Of An Electric Vehicle

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Nissan North America, Inc. applauds the state of Tennessee and Governor Phil Bredesen on the announcement of a $2,500 rebate toward the first 1,000 purchases of an electric vehicle in the state. Governor Bredesen announced the rebate during the Fuel Solutions Forum hosted by the Tennessee Valley Authority.

"Today's announcement is just one more step on the path to a green economy in the state of Tennessee and the nation," said Brian Carolin, Senior Vice President, Sales and Marketing, Nissan North America. "The state has been a leader in the promotion of zero-emission mobility and is to be commended for creating the right environment for all-electric vehicles like the Nissan LEAF to be an option for consumers in Tennessee."

Tennessee is a primary launch market for the Nissan LEAF, with sales commencing in the state in December. The rebate will be offered through Nissan's network of dealerships in the state and will be applied at the time the vehicle is purchased. Tennessee's $2,500 rebate combined with an eligible maximum $7,500 federal tax credit could bring the value of a MY 2011 Nissan LEAF, which carries a manufacturer's suggested retail of price of $32,780, to as low as $22,780. Other states that are offering financial incentives for the purchase of an electric vehicle include California, Georgia, Hawaii, Oregon, Washington, Maryland, and South Carolina.

Nissan has been working with the state of Tennessee and the Tennessee Valley Authority since forming a partnership in 2008 on the promotion of zero-emission mobility in the state. The partnership has worked together on the planning and deployment of an infrastructure for electric vehicles, including charging stations that will be located throughout Middle Tennessee at retail centers, parking garages, airports, tourist attractions, major employers and schools. The state of Tennessee also will be the manufacturing home for the Nissan LEAF beginning in 2012.