The Original Blog of the NISSAN Whistleblower 

To: TN Gov. Bill Haslam

---Original Message-----
From: sharynbovat <sharynbovat@aol.com>
To: bill.hagerty <bill.hagerty@tn.gov>
Cc: chudler <chudler@tennessean.com>; ramcclain <ramcclain@tennessean.com>; csisk <csisk@tennessean.com>; humphreyt <humphreyt@knoxnews.com>; chloe.morrison <chloe.morrison@nooga.com>; lchappell <lchappell@crain.com>; rjohnston <rjohnston@newschannel5.com>; jeremy.finley <jeremy.finley@wsmv.com>
Sent: Wed, Oct 5, 2011 1:02 pm
Subject: Nissan investing 1.5 Billion in Brazil... with no subsidies..... Message to Governor Haslam via Bill Hagerty ....the GOP Less Government Way is Better

" Nissan this week is announcing that it will invest about $1.5 billion in a new assembly plant near Rio de Janeiro"  fortune magazine…
 
???  If NISSAN can afford to invest 1.5 Billion in BRAZIL then WHY did NISSAN take a 1.4 Billion dollar DOE Loan for a project that “if viable in the market place could have had support from banks on  Wall Street. Instead NISSAN used a bank (created for War Veterans in the 70’s) a bank that’s notorious for not having debt repaid.    
 
FREE Market societies create Business that are SUCCESSFUL & as many politicians have said “the government should not be picking winners & losers.”   NISSAN never would have built the battery plant 'if" they knew they'd  have to repay the money.  The project is too RISKY
 
That is WHY the executives recklessly spend the DOE dollars.  
 
???  If jobs promised do NOT happen in reference to the EV battery plant then I  believe the taxpayers should “call”  the note & NISSAN does not have the cash then the DOE NISSAN dollars can be “repaid in stock”. 
 
Then NISSAN/Renault will “truly” be a global company.
 
More Soon,
 
Sharyn Bovat
Fighting for Freedom and Fair Government
 
 
Peace and Respect
Sharyn Bovat
615-415-6675
sharynbovat@aol.com


President Barrack Obama on Solyndra “People felt it was a good bet…”   “I wonder if President Obama will say about Nissan next year” the NISSAN whistleblower, Sharyn Bovat

The
NISSAN Leaf REALLY cost 63,000 to 67,000 each to manufacture. 

???  Why do they sell for 33,000

NISSAN has been secretive about the battery cost for a reason.

Carlos Ghosn said the Renault EV spy scandal
http://www.bbc.co.uk/news/business-12160430  was about the “business model”.   Sharyn Bovat worked with top NISSAN and Renault executives. They did NOT want anyone to know details of the EV (some used code words).  Others at NISSAN communicated to Sharyn that the Leaf was “built to fail” & that NISSAN would go bankrupt “if” the Leaf succeeded.  It cost 80K to make and they sell the car for 33k.  To the average eye NOW it looks like a PONZI scheme.  


Each Leaf battery has 48 modules and each module cost about $1000 to produce*.  That’s $48,000 JUST for the battery modules. 
*Nissan says they will replace the modules for about $650; I was told it's due to "recycling"..

“replacing a single module in the Leaf's 48-module battery pack would cost £404” (that’s 48K for JUST parts of the battery pack)”  Andy Palmer Board Member NISSAN Motors.

http://green.autoblog.com/2011/08/03/need-to-replace-a-nissan-leaf-battery-hows-19-392-31-753-u/

The 63,000 Leaf price is achieved by statements from and industry expert who said “the non battery part of the Leaf would be approx. 15-20K” then added “that does not include marketing or R & D.”     Realistically the car cost 80k. 


The retail price of the Leaf is $33,000 the federal sudsidies are $7,500 some states are adding an EXTRA $2,500 - $5,000 of incentives.  


The NISSAN Leaf is 65% to 75% subsidized.  


NISSAN says the “average” income for Leaf owners is OVER $140,000.


Sharyn Bovat blogged before the DOE loan closed that the “Leaf would fail”.   The DOE is loaning NISSAN
1.4 Billion for a battery plant in Smyrna Tennessee.
The bank used to obtain the tax payer funded "cash" was a US goverment bank that gives loans to the Veteren's and Post Office and is notories for NOT getting repaid.

???  Why is special bank created for American interest being used for a FOREIGN company.

NISSAN partners with Renault & Renault does business in Iran.  Iran is sending weapons to KILL American soldiers.

NISSAN
has only sold about 7000 Leafs in America and about 12,000 worldwide.


When asking for DOE money Carlos Ghosn said that “by 2012” there would be 100,000.


NISSAN
will not give out the statistics on “who’s buying the Leafs”.


the qualifying cars are all Tesla Roadsters, all Nissan Leafs…Presently, however, the Chevrolet Volt extended-range
electric car does not qualify….” http://www.greencarreports.com/news/1066386_electric-car-owners-to-lose-if-ca-carpool-lanes-get-tolls

Insiders told me most Leaf sales are in Los Angeles, due to the HOV sticker.  Those in the CA government ODDLY determined that GM’s Chevy Volt would NOT qualify for the “fast lane” status and many people are buying the Leaf as “fast pass”.  NISSAN lobbied politicians to secure an advantage. 

NISSAN executives told Sharyn Bovat that when the Volt gets the California HOV status Leaf sales will TANK!!!

For over 2 years Sharyn Bovat has blogged about bad spending in reference to the DOE funded project.

The NISSAN Whistleblower was told Nissan's operating margins are so low that NISSAN will NOT be able to "repay the DOE loan". 

A member of NISSAN management contacted me worried that “ifNISSAN had to pay back the loans then those in management wound not see a bonus for decades.  He was offered a job with another manufacturer and asked ME “what should I do”.

It was reportedNISSAN has not drawn down the full loan amount” http://www.bizjournals.com/nashville/morning_call/2011/09/nissan-not-worried-about-cuts-to.html

Congress NEEDS to get an “update” from NISSAN on “how the project is going”.   American’s deserve ALL the statistics on who’s buying the NISSAN Leaf.  

At the Nashville airport on Friday Larry Dominique the now FORMER Chief Product Planner for NISSAN said on Friday thatNISSAN is good for a year”  ….  Then it was announced he was leaving the company. http://www.autonews.com/apps/pbcs.dll/article?AID=/20110930/OEM02/110939987/1280

My name is Sharyn Bovat I’m an American taxpayer and I want Bill Krueger the Vice Chairman of NISSAN to answer these questions:

???’s for NISSAN

Bill Krueger says NISSAN is on the verge of hiring employee’s for the battery plant. 

It was communicated to the NISSAN Whistleblower the “plant is delayed”. 

???  When will the DOE approved taxpayer financed battery plant will be ready

???  EXACTLY how many jobs will be created with this DOE project. 

???  EXACTLY when will the new NISSAN employees start work.

If Bill Krueger says 1,300 are hired (the number Ghosn’s people told the DOE) then the NISSAN battery DOE project will ONLY cost the taxpayers $1,000,000 per job created. Let’s hope there LONG TERM jobs.   I was told most likely NOT hire to capacity and jobs would be 300-400 at BEST.  Bringing the cost to $3,000,000 per job created.   Sounds like LOTS of problems for the Obama administration.   

Sharyn Bovat has blogged that NISSAN is using battery technology from the 90’s & was created in California during the C.A.R.B. days.

Elon Musk says the NISSAN Leaf battery is a "much more primitive level of technology" than even Tesla's first prototype. Adding the Leaf pack will have temperatures "all over the place" that will cause it to suffer "huge degradation" in cold environments and basically "shut off" in hot environments, according to Earth2Techhttp://green.autoblog.com/2010/08/06/elon-musk-rips-into-nissan-leafs-primitive-batteries/

Experts told the NISSAN Whistleblower the "real range" of the leaf will be 60 miles per charge in 2 years.  IN 2009 Congress was told the EV’s range was 100.  The reality is between 70-75 miles per charge. 

ALSO!!!  that is in certain driving conditions.  Cold weather and use of AC will limit the range.  

 

The Wall Street Journal says that there is going to be a GLUT in the EV battery market.

http://online.wsj.com/article/SB10001424053111904199404576540170506631268.html

America there’s a problem w/this DOE project!!!

Can Someone PLEASE Do Something!!!

Peace and Respect

 

Sharyn Bovat

615-415-6675

sharynbovat@aol.com

 



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