CNN —Nissan is postponing a push to build new electric vehicles at its Canton, Mississippi, factory as sales of EVs are now growing more slowly than many industry experts had expected.
EV sales in the US grew 2.6 % in the first quarter of 2024 compared to the same period in 2023, according to Kelley Blue Book.
First quarter EV sales last year had outpaced 2022’s by a stunning 46.4%.
Nissan still plans to offer a total of 19 EV models globally by 2030, a spokesperson said.
Nissan previously announced it would invest $500 million in the factory to prepare it build the new electric vehicles.
Persons:
Kelley, ” Nissan, Ford
Organizations:
CNN, Nissan, EV, Power, Infiniti, Automotive News, GM, Silverado EV
Locations:
Canton , Mississippi, Canton, Mississippi