Nikon expands its MILC lineup by adding V2

Two months after releasing Nikon 1 J2, the Japanese imaging giant adds another MILC to their offering which is set to be a refresher to the V1. This time, however, Nikon made sure that their new camera, the Nikon 1 V2, will have more new things to offer other than two additional mode dials and a crisper LCD.

Key improvements of Nikon 1 V2 from V1:

• 15MP total pixels with a maximum resolution of 14.2MP
• Additional Scene Mode (Night Landscape)
• New ISO range (160 – 6400)
• Built-in Flash

The improvement may not be as significant as you might’ve expected it to be, but the inclusion of the built-in flash, a feature that’s notably missing on the previous model, should be a great addition this camera’s arsenal. In addition, the Nikon 1 V2 sports a new and improved body (which is available in black and white) which bears similarity to Sony’s NEX cameras. This makes it easier to hold compared to the flat body of V1.

Along with the announcement of the Nikon 1 V2, the company also outs a new external which is specifically design for the new camera. The SB-N7 Speedlight will retail for $159.95PHP 9,387INR 13,556EUR 152CNY 1,164 and will be available in the market starting late November along with the new camera.

Strangely though, the new camera has the same SRP as its predecessor which is pegged at $899.99PHP 52,816INR 76,274EUR 857CNY 6,550 (Body + 10 – 30mm f/3.5 – f/5.6 VR lens). We’re not so sure how this pricing will fare in the market, but we’re expecting that Nikon will bring the price of V1 down a bit in the next coming weeks.