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Nissan pauses plans for EV production in US, Automotive News reports
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Nissan pauses plans for EV production in US, Automotive News reports
May 21, 2024 6:41 AM

May 21 (Reuters) - Nissan Motor Co ( NSANF ) has paused

production plans to build its electric vehicles in the United

States, Automotive News reported on Tuesday citing a memo sent

to auto suppliers.

The Japanese automaker has adjusted its development schedule

on some battery-powered sedans and asked suppliers to stop

development activity related to those projects until further

notice, the report said.

Nissan ( NSANF ) did not immediately respond to a Reuters request for

comment.

The announcement comes as weaker-than-expected EV demand

prompts global automakers to pull back from their ambitious

electrification plans to focus on hybrids and gas-powered models

instead.

In March, the company laid out plans to accelerate its EV

transition around the globe, including seven new models to be

sold in the United States by 2026 and an EV manufacturing hub in

the country.

(Reporting by Nathan Gomes in Bengaluru; Editing by Devika

Syamnath)

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