This facility will likely be dedicated to EVs.
Nissan will add EV production at its Canton, Miss plant from 2025.
Nissan’s dark days are behind them and that is where they want them to remain. The Japanese automaker announced last November that it will invest 2 trillion yen ($16.4 billion) over the next five years to increase its electrified vehicle offering. This third US plant could be part of this plan.
A few things will have to happen before Nissan opens up the tap. Nissan’s Chief Operating Officer Ashwani Gupta noted that the car company will have to transition. Currently, Nissan is widely regarded as a discount volume player. Gupta wants to shift Nissan to a quality value brand.
Meanwhile, Nissan will invest $500 million to turn the Canton plant into a “center for EV manufacturing and technology,” according to Automotive News. These updates will enable the car company to assemble two new EVs, one for Nissan and a second one for Infiniti.
While Gupta did not specify that this potential new third plant would be dedicated to EVs, the discussion had much to do with Nissan’s future electrification plans. The automaker intends to launch no less than 23 new EVs by 2030.