Nissan will build two electric vehicles at its Mississippi plant, Auto News, ET Auto
Nissan Motor Co said Thursday it would invest $500 million to rebuild its US assembly plant near Canton, Miss., and build two new ones electric vehiclesPart of the Japanese automaker’s $18 billion program to expand its electric vehicle fleet by 2030.
Nissan said it plans to begin assembling electric vehicles for its Nissan and Infiniti brands in Mississippi by 2025. The automaker said it aims for electric vehicles to account for 40% of its U.S. sales by 2030.
Nissan currently operates two assembly lines in Canton, one building light trucks, including the Nissan Frontier, and the other assembling midsize Altima sedans. The 19-year-old Canton complex employs 5,000 people. Nissan said it will retrain 2,000 workers as part of the new investment.
The automaker said the Mississippi investment is “one of several” planned over the next five years to expand electric vehicle production in the United States.
Nissan Chief Executive Makoto Uchida and Chief Operating Officer Ashwani Gupta have outlined plans to deliver 23 new electric vehicles by 2030, including 15 battery-electric models.
Nissan is currently building its compact Electric Vehicle Leaf at its complex in Smyrna, Tennessee, which receives electric motors from a Nissan factory in Decherd, Tennessee.
Introduced in 2010, the Leaf put Nissan at the forefront of established automakers in the emerging electric vehicle market. But the Leaf, with a range of 226 miles (364 km), was dwarfed by the Tesla Model 3 sedan, with a range of 358 miles per charge, according to the US Environmental Protection Agency.