Nissan is investing in the production of electric motors in the United States

Nissan is investing in the production of electric motors in the United States

Nissan plans to invest $250 million in its Decherd engine plant in the state of Tennessee in the United States to support the electrification of its products, according to its CEO. Makoto Uchida This was to increase the production of electric motors in the United States.

The investment itself was announced by Nissan CEO Uchida to Automotive News

The investment itself was announced by the CEO of Nissan Uchida ad Automotive News. He did not elaborate on the timing and purpose of the investment, but since he described the switch as part of Nissan’s plans to strengthen the US electricity supply, it makes sense that Nissan wants to increase production of electric motors at its plant. in Decherd.

The plant currently produces Nissan Leaf powertrains and internal combustion engines. The factory Nissan Decherd Powertrain located in southern Tennessee, approximately 70 miles from the Nissan Smyrna Assembly Plant in the same state.

But additional Decherd motors are unlikely to be limited to Izmir: Nissan had announced in February 2022 that it would invest. 500 million US dollars at its Canton assembly plant in the US state of Mississippi to build two electric models for Nissan and Infiniti as well as battery packs for them from 2025, and he also hinted at plans for a battery cell factory in the US. Perhaps, the new investment in the production of electric vehicles in Decherd is linked to the two new electric models that Nissan plans to build in Canton.

According to CEO Makoto Uchida, Nissan wants to focus more on pure electric vehicles than hybrids with the ePower unit in the US in the future. Nissan’s boss apparently admitted in an interview that the global market for battery-electric vehicles was growing faster than the company expected. Uchida then said the company’s new strategy was to exceed its previous electricity targets in all markets, but did not provide specific figures.

Nissan launched its current EV strategy in November 2021. The strategy expects half of all global sales to be electric by the fiscal year ending March 31, 2031, also thanks to 15 new models BEV by 2030. For the US, a 40% sales target was specifically mentioned. But that may change: Auto News expects the automaker to announce a revised U.S. electrification target on March 31, 2024.

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