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Electric Cars Have Killed Nissan | Science 2.0
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1px" allowTransparency="true"></iframe> </div> <div id="node-wrapper" class="node-common"><div id="article-content" class="content main-content article" itemprop="articleBody"> Their Infiniti car couldn't ruin Nissan, but a climate where government mandates and subsidizes electric cars, which means deviating down to the revenue and running lean, are going to put them out of business. <br /><br />Because <a href="https://web.archive.org/web/20181002180513/https://newsroom.nissan-global.com/releases/release-36a71146ed04eaba0f0dff94b50d1196" target="_blank">they were the world's largest electric car company</a>, and they foolishly believed politicians who said if government forced the product on people, a miracle of capitalism would occur and consumers would like it.<br /><br /><img src="/files/images/nissan_leaf.jpg" alt="" /><br /><em>Leaf. Credit: Nissan.</em><br /><br />As with solar panels and wind, without continued mandates the industry is stuck, because no company wants to invest their money when others are spreading the business risk across hundreds of millions of taxpayers who have no choice and can't punish you by selling stock. With 'all competitors being equal' in a government-directed industry Nissan isn't going to be higher quality or more affordable so profits have plummeted <a href="https://www.ft.com/content/dad04e10-c634-4d1e-9d4d-fb44ce7cf46b" target="_blank">and they cut 9,000 jobs</a>. Insiders say if they don't get a bailout from the government or an acquisition by a more successful brand, <a href="https://news.dealershipguy.com/p/2-unnamed-nissan-execs-say-the-company-has-12-14-months-to-survive-2024-11-27" target="_blank">they could be gone in 12 months.</a> </div> <div class="under-article"> <div id="sb-block-apachesolr_search-mlt-001" class="sb-r-block"> <h3>Related articles</h3> <div class="block-content"><div class="item-list"><ul><li class="first"><a href="/hank_campbell/electric_cars_are_the_espresso_machines_of_automobiles-256852">Electric Cars Are The Espresso Machines Of Automobiles</a></li> <li><a href="/content/the_invasive_data_collection_practices_of_cars_nissan_is_the_worst">The Invasive Data Collection Practices of Cars- Nissan Is The Worst</a></li> <li><a href="/content/forget_25_of_their_fleet_by_2024_hertz_is_now_dumping_20000_electric_cars">Forget 25% Of Their Fleet By 2024, Hertz Is Now Dumping 20,000 Electric Cars</a></li> <li><a href="/news_staff/your_electric_car_battery_isnt_green-256485">Your Electric Car Battery Isn't Green</a></li> <li class="last"><a href="/content/electric_car_sales_are_plummeting_due_to_reduced_subsidies_cold_weather_will_make_sales_worse">Electric Car Sales Are Plummeting Due To Reduced Subsidies- Cold Weather Will Make Sales Worse</a></li> </ul></div></div> </div> </div> </div> </div> <div class="clearfix"></div> <div id="comments-wrapper" class="disqus-comments clearfix content"> <h2>Comments</h2> <div id="disqus_thread"></div><noscript><div class="disqus-noscript"><a href="https://science20.disqus.com/?url=https%3A%2F%2Fwww.science20.com%2Fcontent%2Felectric_cars_have_killed_nissan">View the discussion thread.</a></div></noscript> <script> var disqus_config = function () { this.page.identifier = 'node-257232'; }; (function() { var d = document, s = d.createElement('script'); s.src = '//science20.disqus.com/embed.js'; s.setAttribute('data-timestamp', +new Date()); (d.head || d.body).appendChild(s); })(); </script> </div> </div> </div> <script type="text/javascript" src="https://platform.twitter.com/widgets.js"></script> <!-- Matomo --> <script type="text/javascript"> var _paq = window._paq || []; /* tracker methods like "setCustomDimension" should be called before "trackPageView" */ _paq.push(["setDomains", ["*.science20.com","*.www.science20.com"]]); // you can set up to 5 custom variables for each visitor _paq.push(["setCustomVariable", 1, "author", "Hank", "page"]); _paq.push(['trackPageView']); _paq.push(['enableLinkTracking']); (function() { var u="//solr.scienceblogs.com/analytics/"; _paq.push(['setTrackerUrl', u+'matomo.php']); _paq.push(['setSiteId', '2']); var d=document, g=d.createElement('script'), s=d.getElementsByTagName('script')[0]; g.type='text/javascript'; g.async=true; g.defer=true; g.src=u+'matomo.js'; s.parentNode.insertBefore(g,s); })(); </script> <!-- End Matomo Code --> <div id="sidebar-right"> <div id="sb-block-block-25" class="sb-r-block"> <h3>Know Science And Want To Write?</h3> <div class="block-content">Apply for a column: <a href="mailto:writing@science20.com">writing@science20.com</a></div> </div> <div id="sb-block-quicktabs-forumswag" class="sb-r-block"> <h3>Donate or Buy SWAG</h3> <div class="block-content"><div id="quicktabs-forumswag" class="quicktabs_wrapper quicktabs-style-basic"><ul class="quicktabs_tabs quicktabs-style-basic"><li class="qtab-0 active first"><a href="/content/electric_cars_have_killed_nissan#quicktabs-forumswag" id="quicktabs-tab-forumswag-0" class="qt_tab active">Donate</a></li><li class="qtab-1 last"><a href="/content/electric_cars_have_killed_nissan#quicktabs-forumswag" id="quicktabs-tab-forumswag-1" class="qt_tab active">SWAG</a></li></ul><div id="quicktabs_container_forumswag" class="quicktabs_main quicktabs-style-basic"><div id="quicktabs_tabpage_forumswag_0" class="quicktabs_tabpage"> <div id="sb-block-block-31" class="sb-r-block"> <div class="block-content"><p>Please donate so science experts can write<br> for the public. <p>At Science 2.0, scientists are the journalists,<br> with no political bias or editorial control. 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