Nissan Philippines announces an approximately 30% price reduction for the new Nissan LEAF in accordance with Executive Order No.12 issued by President Marcos dated January 13, 2023. Executive Order No. 12 temporarily reduces import duties on electric vehicles, parts, and components for 5 years. The new Nissan LEAF is now available at a retail price of P1,998,000 down from its original price of P2,798,000. The new retail price will be effective beginning April 21, 2023. First launched in the Philippines in 2021, the LEAF is Nissan’s first mass-produced electric vehicle, pioneering the way to sustainable mobility for all. “Nissan continues to make electrified mobility more accessible to our customers across the country, as a pioneer in the Philippines’ electrification movement. We welcome this development from the Philippine government as it further accelerates our electrification strategy for the country in line with our Nissan Ambition 2030, which aims to empower mobility and beyond by providing long term sustainable solutions,” says Juan Manuel Hoyos, Nissan Philippines President. As part of its Ambition 2030 long-term vision, Nissan will work to increase its electrified vehicle product mix in all its markets by the year 2030. The brand will also utilize its electrified vehicle technologies to address various issues beyond transportation and sustainable mobility. To support the latter, Nissan Philippines launched last year its Blue Switch initiative which aims to create key partnerships with various organizations to help address social concerns such as disaster response, climate change, responsible travel, and energy management with the use of EV technologies such as Vehicle-to-Anything (V2X) bi-directional charging. For more information, visit nissan.ph.