Nissan shared details on how its Canton vehicle assembly plant in Mississippi will become a centre for U.S. EV production. The company is transforming Nissan Canton with the latest in EV manufacturing technology to support the production of two all-new, all-electric vehicles. The investment for EV production will total $500 million, providing nearly 2,000 jobs, with production expected to begin in 2025. With this announcement, Nissan now has invested $4 billion in the facility. The company has invested more than $13 billion in its U.S. manufacturing operations collectively.
Nissan could build the new electric Micra at its Canton plant.
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Ashwani Gupta, chief operating officer, Nissan Motor Corporation, Ltd said, “Today's announcement is the first of several new investments that will drive the EV revolution in the United States. Nissan is making a strong investment in Canton's future, bringing the latest technology, training, and process to create a truly best-in-class EV manufacturing team.”
Nissan's investment is supported by strong partnerships with state, county, and local governments. The announcement also supports Nissan Ambition 2030, calling for 23 electrified models for the Nissan and Infiniti brands globally, including 15 all-electric vehicles, by 2030.
The EV will be based on the Renault 5 leveraging the CMF platform
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Moreover, Nissan has set the goal to achieve carbon neutrality across the company's global operations and the life cycle of its products by 2050 by pursuing innovations in electrification and manufacturing technology. As part of this effort, Nissan is targeting 40 percent of its U.S. vehicle sales volume to be fully electric by 2030, with even more to be electrified.
