The "affordable" Nissan Leaf will set motorists back by a whopping 23,350 pounds, it has been revealed, a price that more than cancels out the cheaper rates of car insurance normally offered on such models.
Scheduled to go on sale in February 2011, the vehicle would actually cost 28,350 pounds were it not for a Government grant.
The car is a zero-emission, five-door hatchback with a range of 100 miles and a top speed of 90mph.
It is initially being made in Japan and the USA, with production at the firm's Sunderland plant scheduled to begin in 2013.
Nissan International's sales and marketing senior vice president, Simon Thomas, said: "Nissan leads the industry by being the first automaker to offer an affordable zero-emission car. It's a pure electric vehicle, with no tailpipe emissions and very low running costs.
"Nissan Leaf may look similar to a compact family car, but its smoothness, acceleration and handling will surprise and impress drivers and passengers alike."
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