Nissan (NSANY) Motor has abandoned plans to produce a compact electric vehicle at its plant in the Southern U.S. state of Mississippi, part of the Japanese automaker’s restructuring efforts, Nikkei Asia’s Azusa Kawakami reports. Nissan had planned to produce five EV models in Canton, Mississippi, starting in 2026. U.S. media report that production for one compact model may be moved to a Nissan plant in Sunderland, U.K.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NSANY:
- E.U. plans to potentially use subsidies to help electric vehicle sales, FT says
- Honda (HMC) to Build New Electric Vehicles in the U.S.
- Nissan reports Q4 U.S. sales up 10.3% to 222,484 units
- M&A News: Nissan (OTHEROTC:NSANY) Plunges on Merger Concerns
- M&A News: Carlos Ghosn Says A Nissan (OTHEROTC:NSANY) Merger Would Be “Carnage.”
Questions or Comments about the article? Write to editor@tipranks.com