Nissan has said it will be cancelling the lease of its Leaf, a car which it says costs too much to run.
The company said in a statement on Thursday that it had cancelled the lease due to an internal issue and would make a full refund to customers.
“Nissan has made this decision because of a serious internal problem with the Leaf, which caused the Leaf to become uneconomical for our customers,” Nissan said.
However, the Leaf has been popular among those who want a small-sized car, but still have the option of a larger one.
It is estimated that over 10,000 of the new Leaf models are on the market, while around 1,500 of them are in use.
In December, the US company revealed it had raised $12.6bn from investors including Sequoia Capital, Fidelity Investments, Goldman Sachs and UBS.
Read more:How Nissan Leaf leases workIt also announced that it was extending its lease by six months, which could be extended another four.
Nissan is also extending the lease period for some customers, such as those who rent out a trailer or an SUV.
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