Nissan Planning $500 Million Investment for Two New EVs
【Summary】One of the new electric vehicles will have a Nissan badge while the other will be sold as an Infiniti. Both will be sedans and be built in Nissan’s plant in Mississippi.
Nissan was one of the first automakers to come out with an all-electric vehicle with the Leaf. Since then, it's fallen behind competitors like Ford, Chevrolet, Tesla, and Ford that have doubled down on their electrification goals and come out with affordable options with an impressive amount of range and performance. Nissan was once a leader and now it's fallen behind the pack. With the recent announcement that Nissan plans to come out with two new electric vehicles in 2025, the Japanese automaker is looking to become relevant again.
New EVs Coming
Nissan put out a teaser video that shows off both of the vehicles' silhouettes, but little else. From the video, we can see that the upcoming electric cars look like they'll be sedans with a modern Sportback design. The two will most likely share powertrains, platforms, and the same overall design, though the video shows that they will have different styling. The video has close-up angles of the vehicles' lighting elements at the front and they're radically different.
At the front, the Nissan has a full-width lighting element and three small horizontal slits at the sides. The Infiniti has more dramatic styling with thin vertical slats that run the full width of the vehicle and follow the curvature of the hood. The video also gives us a short glimpse of the vehicles' silhouettes, and both appear to have sweeping rooflines and sedan body styles. Other than these little tidbits, there's not much information to get from the video.
Mississippi Plant Expanding
Nissan's announcement was joined by another one where the automaker stated that it would be investing $500 million into its Canton, Mississippi assembly plant. The massive investment will see the plant turn into a "center for EV manufacturing and technology" for the automaker. With the money, Nissan will be adding a new assembly line at the factory and a battery pack facility. At the time of writing, the Canton factory is currently where Nissan builds the Frontier, Titan, and Altima. The plant has an annual production of 410,000 vehicles annually.
We're surprised to see Nissan invest heavily in coming out with electric sedans, as the majority of automakers are now switching gears to electric SUVs and pickup trucks. Even Chevrolet and Ford have focused on small hatchbacks, SUVs, and pickups for their electric vehicles. Tesla, Mercedes-Benz, Porsche, and Audi are the only brands that offer all-electric sedans.
These two new electric vehicles are part of Nissan's plan to come out with 15 all-electric vehicles globally by 2030 with a massive $17.6 billion investment. We'll probably get more information on the two models down the road and of many more that are in the pipeline.
Vineeth Joel Patel
Joel Patel has been covering all aspects of the automotive industry for four years as an editor and freelance writer for various websites. When it comes to cars, he enjoys covering the merger between technology and cars. In his spare time, Joel likes to watch baseball, work on his car, and try new foods
Ralph Nader Calls for NHTSA to Remove Tesla Full Self-Driving
California DMV Accuses Tesla of Making False Claims About its Driver-Assist Systems
Automakers Urge Consumers to Buy an EV Before Tax Credit Changes
Toyota Offering Multiple Solutions for Non-Drivable bZ4X Electric SUVs
GM's Rebate of up to $6,000 on the Bolt EV and EUV Has a Big Stipulation
BMW Expands i4 Lineup With the Affordable eDrive35
Faraday Future Delays Launch of FF91 Electric SUV Again
New Senate Deal Would Expand EV Tax Credits
- General Motors Announces Two Major Long-Term Supply Agreements for Enough Lithium and Cathode Material to Build 5 Million EVs
- Rivian to Install Electric Vehicle Chargers in Michigan State Parks as Part of a New Partnership
- Specs and Photos of NIO’s New ES7 Electric SUV Revealed in a Regulatory Filing in China Ahead of its Launch
- Tesla's Battery Supplier CATL Unveils its New ‘Qilin’ Battery That Can Deliver 600+ Miles of Range to EVs
- German Court Puts a Sales and Production Ban on Ford's Internet Connected Cars in the Country Due to Patent Dispute
- Volkswagen’s Software Unit CARIAD Selects Innoviz as its Direct Lidar Supplier for the Automaker's Future Software-Defined Vehicles
- Lucid Group to Integrate Wolfspeed’s Silicon Carbide (SiC) Semiconductors in the Lucid Air Sedan as Part of a New Supply Agreement
- General Motors Has Already Replaced the Batteries in 62% of 2017-2019 Bolt EVs as Part of Recall, NHTSA Report Shows
- Amazon Customers in Texas and California Will Begin Receiving Packages via Prime Air Drones Later This Year
- Tesla is Recalling 130,000 Vehicles to Address Touchscreen Display Malfunctions Caused by Overheating, its 11th Recall This Year