Nissan Motor Co. canceled plans to build two all-electric SUVs at a U.S. factory, citing weakening U.S. consumer demand for all-electric vehicles.
The decision, conveyed to U.S. dealers and parts suppliers on Thursday, is part of a plan Wider recalibration The Japanese automaker has changed its product strategy as it seeks to conserve cash. Nissan has previously frozen Production of electric vehicles is planned to begin at a plant in Canton, Mississippi, where a V6-engine hybrid version of the Xterra SUV is expected to be built.
“Canton’s future will indeed include multiple powertrains, but it won’t include electric vehicles,” said Ashli Bobo, a spokesperson for the company’s U.S. operations.
Just early last year, the Yokohama-based automaker said it expected to launch a battery-electric model in Guangzhou in 2028. The move comes after the company cut plans to build four new electric vehicles at its factories by then. The shift reflects weak U.S. electric vehicle sales after the Trump administration eliminated tax credits for electric vehicles.
Japan’s Nikkei newspaper first reported the news that Nissan had canceled plans for two all-electric SUVs.
Photo: Nissan Motor Company headquarters in Yokohama, Japan (centre). (Ota Kiyoshi/Bloomberg)
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