US$50-M to be invested in Mississippi plant for Nissan, Infiniti EVs
In a recent press release, Nissan US shared its plans of upgrading its assembly plant in Canton, Mississippi, where it will build two new EV models. The American arm of the Japanese automotive brand added that the aforementioned facility will become a center for US EV production.
KEY TAKEAWAYS
How much will Nissan be investing in its Mississippi plant?
Nissan will be investing US$50 million.How many EV models are confirmed to roll out of the Mississippi plant?
There are two new EV models confirmed for the Mississippi plant: one for Nissan and the other for Infiniti.“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,” said Nissan Motor Corporation, Ltd. Chief Operating Officer Ashwani Gupta.
Nissan will invest US$500 million in its Mississippi factory, which will cover the retraining of its workforce and preserve some 2,000 jobs. It has not been said in the press release but the planned investment will most likely include new equipment and machinery to prep and transform the production complex.
From the Mississippi plant will come two EV models, one of which will be for Nissan’s luxury division, Infiniti. Production of the said electrified models will start in 2025.
“For nearly two decades, Mississippians have kept our state at the forefront of the world’s automotive industry. The announcement that Nissan Canton is shifting some production to EVs further positions Mississippi as a leader in this crucial economic sector. We are a top state for automotive leaders, and this significant investment by Nissan in the Canton facility lets the world know that we are open for business and our workforce is ready to take on these in-demand jobs of the future,” said Mississippi Governor Tate Reeves.
According to Nissan, the abovementioned EV investment is only one of the several fundings planned in the US over the next five years. By 2030, Nissan looks to have over 40 percent of its US offerings to be fully electric.
Photos from Nissan
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