Nissan is the latest company to unveil a new electric vehicle program that will sell to dealers at prices starting at $1,5 billion.
The Nissan Leaf will go on sale in the United States on Nov. 2.
The program is part of Nissan’s broader EV effort, which aims to sell up to 500,000 EVs by 2025.
Nissan has a long history of developing electric vehicles, starting with the Leaf in 2014, which is the largest electric vehicle sold in the world.
The automaker said it’s making a $1 billion investment to develop and deploy EV charging infrastructure in cities around the world, and to help customers charge their EV EVs in more than 100 Nissan dealers.
Nissan will sell the Leaf at an average price of $37,495 in the U.S. and Canada.
The price is higher in China, where the Leaf is sold, where it is available for a lower price, and in some markets where the car is available only in the winter.
Nissan is also adding a $5,000 rebate to electric vehicle buyers, to help offset the cost of the battery pack, charging hardware and the cost for a new battery pack.
The rebate covers all vehicle costs and includes financing.
Nike unveiled its new FuelBand EV last year, which it calls the world’s first fuel-cell electric sports car.
The company said it is now expanding its FuelBand program, which will sell up for $5 million to 10 dealers in the next three years.
The new FuelBid program will go live on Oct. 3.