Nissan Abandons Plans For US EV Plant
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2 min readKey summary
Nissan has scrapped its $500 million plan to convert its Canton, Mississippi plant for EV and battery production.
The factory will now make conventional and hybrid vehicles instead, citing weak market conditions and shifting demand.
The move follows earlier US EV cutbacks and comes after the end of the federal EV tax credit.
It underscores how softer EV sales are prompting automakers to slow or cancel electric investment plans.
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