Nissan will be investing $500m to convert its Canton Vehicle Assembly Plant in Mississippi into a centre for US EV production, including the INFINITI brand.
The Japanese carmaker is expanding Nissan Canton to support the production of two all-new, all-electric vehicles. Production is planned to begin in 2025.
“Today’s announcement is the first of several new investments that will drive the EV revolution in the United States,” said Ashwani Gupta, Nissan’s chief operating officer.
In 2022, the Canton Vehicle Assembly Plant celebrates 19 years of manufacturing operations. The plant boasts a headcount of around 5,000 people and has built nearly 5m vehicles since opening in 2003. The plant currently produces four models: Altima, Frontier, TITAN and TITAN XD.
This announcement means Nissan has invested $4 billion in the facility and over $13 billion in its US manufacturing operations collectively.
The move supports Nissan Ambition 2030, which aims to produce 23 electrified models for the Nissan and Infiniti brands worldwide, including 15 all-electric vehicles.
Nissan aims to achieve carbon neutrality in its global operations and the life cycle of its products by 2050 by expanding electrification and manufacturing technology innovations. As part of this plan, Nissan is seeking 40% of its US vehicle sales volume to be fully electric by 2030, in line with plans laid out by Washington.