The price of the four-door hatchback falls to $25,280 after a $7,500 federal tax credit for electric vehicles.
The rival Chevrolet Volt is expected to cost around $35,000 when it comes out around the same time. It's also eligible for the tax credit.
Nissan says the Leaf will cost 3.76 million yen ($40,000) in Japan. Nissan will price the car for less in the U.S. because it wants to sell more of them in that market and is confident it can still make money at that price.
Orders in the U.S. start April 20 and Nissan is aiming for 25,000 orders by December.
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Foster reported from Yokohama, Japan.
