Wednesday, July 17, 2013

Nissan Holds Off on First Luxury Electric Car

By Santanu Choudhury
The Infiniti LE Concept was shown at the 2012 New York International Auto Show. Associated Press
NEW DELHI—Nissan Motor Co. temporarily halted development of the first electric car for the Infiniti luxury brand, a bet that more advanced and cheaper technology soon will be available, company executives said. The Japanese auto maker showed the battery-powered Infiniti LE concept at the New York International Auto Show in April 2012, and said then [...]