Nissan Delays EV Sedans, Revamps Mississippi Plant Plans

Nissan's EV Plans: Nissan is reassessing its battery-electric vehicle (BEV) plans and investments.

– The automaker has halted development on electric sedans planned for its Canton, Mississippi plant.

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– Initial production for a Nissan-branded BEV sedan was set for 2025, with an Infiniti version to follow.

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Production Delays: This marks the second delay, pushing timelines from June 2026 to November 2026.

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– A $500 million investment to convert the Canton plant into an EV hub is also postponed.

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Current Production: Canton currently builds the Altima, Frontier, and Titan.

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– Production capacity is 410,000 units/year, but projections are around 210,000 units for the financial year ending March 2025.

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Future Production Plans: Nissan is considering prioritizing crossover production over sedans.

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– The revised plan may include two midsize crossovers and a third electric crossover, codenamed PZ1L.

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Market Conditions: EV sales are increasing but at a slower rate than previous years.

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– Cox Automotive reported a 2.6% increase in Q1 EV sales this year compared to a 46% increase in Q1 2023.

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– Nissan saw a 7% increase in overall sales in Q1 compared to last year.

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Supplier and Market Strategy: Nissan aims to inform suppliers about new plans next month. Some suppliers are skeptical, predicting a longer delay.

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– Nissan may wait until after the upcoming presidential election to finalize long-term plans.

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Future Timeline: If plans proceed as scheduled, Nissan will start assembling its electric sedan in November 2026.

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– The Infiniti version is expected to follow in April 2027.

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