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What this well-funded company plans to build are relatively affordable EVs with mass-market appeal.
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One of the reasons is the expanding range of new, more affordable EVs coming on the market.
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Affordable EVs are no slugs either.
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Far from keeping a lock on the technology, Tesla is actively helping competitors develop more affordable EVs and get them to customers faster.
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One of the biggest hurdles to building affordable EVs in India is the cost of the batteries, which are typically imported making them expensive.
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The governments of those two nations have rallied behind Silicon Valley startup Project Better Place and its plan to bring affordable EVs to the masses.
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Still, a price of about $62,000 would make the Leaf e+ one of Australia's most affordable EVs with a genuine 300km-plus driving range.