robotics / news / / Firstpost
JATCO, a subsidiary of Nissan Motor Co., has scrapped its plans to manufacture electric vehicle (EV) powertrains in Sunderland.
JATCO has cancelled its £48.7 million EV powertrain project planned for Sunderland, UK.
KEY POINTS
- Nissan will reduce its global automobile production plants from 17 to 10 amid weak EV demand.
- Honda suspended its multi-billion-dollar Canadian EV plant, citing slowed EV demand and policy changes.
- Canada's ambition to be an EV manufacturing hub is threatened by postponed automaker investments.
COMPANIES
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