Nissan Scraps Plans for Japan EV Battery Plant Amid Financial Setback

Nissan Motor has shelved its plans to construct a new electric vehicle (EV) battery plant in Kitakyushu, southern Japan, marking a significant shift in the automaker’s electrification strategy as it grapples with deepening financial challenges. Initially announced in January through an agreement with the Kitakyushu municipal government, the project was intended to produce lithium iron