TOKYO, Sept 16 (Reuters) - Nissan Motor ( NSANF ) has
reduced its production plan for the new model of its Leaf
electric vehicle by more than half for September-November owing
to delays in battery procurement, the Nikkei business daily said
on Tuesday.
Lower than expected battery yields at a Nissan ( NSANF ) affiliate had
caused the revision, the Nikkei said, adding that the Japanese
automaker planned to release the new EV model by the end of the
year.
The newspaper did not specify the original or revised
production targets but said that the output plan has been cut by
up to several thousand vehicles a month at its Tochigi plant in
eastern Japan, where the new version of the Leaf is made for the
U.S. and Japanese markets.
Nissan ( NSANF ) said it did not have any comment on speculative
reports, adding that the new model was progressing on schedule
towards its planned launch.
The company, which has gone from mass-market EV pioneer to
laggard since its first model entered showrooms in 2010, is
betting on the new version of its Leaf model to revive its
fortunes.
This is not the first time Nissan's ( NSANF ) EV production has hit a
snag. Another of Nissan's ( NSANF ) electric vehicles, the Ariya, was
hampered by problems at its high-tech production line at the
Tochigi plant in 2023, Reuters reported at the time.
Shares in Nissan ( NSANF ) closed 0.4% down before the Nikkei report,
underperforming a 0.3% gain for the benchmark Nikkei average
.
(Reporting by Daniel Leussink, Kiyoshi Takenaka and Satoshi
Sugiyama
Editing by Alex Richardson and David Goodman
)