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Nissan to invest $500 mil to make new EV models at Mississippi plant

Tokyo, 19 February, /AJMEDIA/

Nissan Motor Co will invest $500 million to transform its assembly plant in Mississippi into a key production base for electric vehicles in the United States, with the aim of manufacturing two new all-electric models including in the luxury Infiniti brand beginning in 2025.

The announcement on Thursday is part of the Japanese automaker’s plan for 40 percent of its U.S. vehicle sales to be fully electric by 2030.

Major carmakers are stepping up EV development as the global auto market adapts to demand for environmental responsibility amid growing concerns over climate change.

At the Canton assembly plant in Mississippi, which started operating in 2003, Nissan currently builds four models including the Frontier pickup and the Altima sedan.

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