NEW YORK: Nissan Motor said Thursday it will invest US$500 million to transform its assembly plant in Mississippi into a key production base for electric vehicles in the US, with the aim of manufacturing two new all-electric models including in the luxury Infiniti brand beginning in 2025.
The announcement is part of the Japanese automaker’s plan for 40% of its US 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.