Nissan gets $1.44 billion green loan for zero-emission mobility investments
Japan’s Nissan Motor Co has signed a 200-billion-yen ($1.44 billion) green loan agreement to fund zero-emission mobility investments, the automaker said on November 30, 2022. The syndicated loan was arranged by Mizuho Bank and MUFG Bank with contract periods of five and seven years, it said in a statement. The funds will be used for research and development of zero-emission vehicles, components for electric vehicles, and other carbon-neutral initiatives, Nissan added. Nissan launches the LEAF electric vehicle (EV) in Nepal. The zero-emission Nissan LEAF EV is the embodiment of Nissan Intelligent Mobility, the automotive company's approach to changing the way cars are driven, powered and integrated into society. From the pioneering first version in 2010 to the LEAF e+ introduced in 2019, the 500,000 customers who have chosen the LEAF have helped drivers around the world realize the benefits of electric vehicles, both in terms of sustainability and in their daily lives.