The Japanese automaker is a pioneer in Electric Vehicles with its all-battery-powered Leaf but has struggled alongside many legacy automakers in the face of increasing competition from newer entrants.
The EV mix will increase to 44 per cent by fiscal 2026 from an earlier target of 40 per cent, Nissan said. In addition to EV production at its Smyrna, Tennessee plant, Nissan plans to build electric power trains at its Decherd plant in the same state to help it meet requirements for the Inflation Reduction Act, Chief Operating Officer, Ashwani Gupta, said on Monday.
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