The Nissan Leaf, an EV pioneer and sales flop, is reportedly being phased out

The Nissan Leaf, an EV pioneer and sales flop, is reportedly being phased out

The automaker recently revealed a plan to invest 2 trillion yen (approximately $17.6 billion USD) over the next five years in order to accelerate the rollout of electric vehicles. By 2030, the plan calls for 23 new electrified models, 15 of which will be fully electric. By the end of the decade, the company hopes to have electrified 50 percent of its Nissan and Infiniti brands. Nissan plans to take a slower approach in the United States, aiming for 40 percent of its sales to be EVs by 2040.

According to some of the concepts presented by Nissan, the Leaf could be replaced by a compact SUV dubbed the Chill-Out. Nissan hasn’t released any specifications or details about it, but the Chill-Out appears to be the most production-ready of the company’s concepts. It resembles the Ariya but is built on the company’s smaller CMF-EV platform, which means it will be slightly less expensive than the $47,000 Ariya.