Nissan on Thursday shared details on how its Canton Vehicle Assembly Plant will become a centre for US EV production. The automaker is transforming Nissan Canton with the latest EV manufacturing technology to support the production of two all-new, all-electric vehicles.
According to a press statement from the company, the investment for EV production will total $500 million, preserving and upskilling nearly 2,000 jobs, with production expected to begin in 2025.
With this announcement, Nissan has invested $4 billion in the facility so far. The company has collectively invested more than $13 billion in its US manufacturing operations.
Canton Vehicle Assembly Plant is celebrating 19 years of manufacturing operations in 2022. The plant employs approximately 5,000 people and has built nearly 5million vehicles since opening in 2003. The plant currently makes four models: Altima, Frontier, TITAN and TITAN XD.
Ashwani Gupta, COO, Nissan Motor Corporation, “Today’s announcement is the first of several new investments that will drive the EV revolution in the United States. Nissan is making a strong investment in Canton’s future, bringing the latest technology, training and process to create a truly best-in-class EV manufacturing team.” Ambition 2030
The announcement supports Nissan Ambition 2030, calling for 23 electrified models for the Nissan and Infiniti brands globally, including 15 all-electric vehicles, by 2030.
Ambition 2030 will deliver exciting, electrified vehicles and technological innovations. Taking account of critical environmental, societal and customer needs, Ambition 2030 underpins the company’s aim to empower mobility and beyond for a cleaner, safer and more inclusive world.
Nissan has set the goal to achieve carbon neutrality across its global operations and the life cycle (including raw material extraction, manufacturing, use, and the recycling or reuse of end-of-life vehicles) of its products by 2050 by pursuing further innovations in electrification and manufacturing technology. As part of this effort, the company targets 40% of its US vehicle sales volume to be fully electric by 2030, with even more to be electrified.