Nissan to Begin Manufacturing Electric Vehicles in 2010
Nissan Motor Company has announced that their Oppama Plant in Japan will begin manufacturing electric vehicles (EV’s) in the fall of 2010.
The company plans to mass-produce the EV’s by 2012, but will begin the intial phase with the production of 50,000 vehicles next year.
Nissan also reported a full-year net loss of $1.4 billion for 2008, with a net loss of $2.8 billion in the fourth quarter alone. The Japanese automaker has seen U.S. sales plummet 35 percent this year.
The company says that it’s committed to becoming a global leader in zero-emission vehicles, and that it will also seek to build components and have some of the EV production done overseas.
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