Nissan Abandons Plan to Build $500m Electric Vehicle Factory in US
Nissan announced in a statement that it is abandoning its plan to build a $500 million (approximately RMB 3.42 billion) all-electric vehicle production facility at its Canton assembly plant in Mississippi, USA. The automaker will shift production to conventional gasoline and hybrid vehicles at the 4.7 million square meter facility. Nissan stated, “This move is…