As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders like BYD. With alarm bells ringing, Nissan is preparing to cut 20,000 jobs, or about 15% of its global workforce. Read more…
Nissan pulls the plug on +$1 billion EV battery plant and more as the alarm bells go off
Bookmark the permalink.
