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Nissan Scraps $1.1 Billion EV Battery Plant, Eyes Cost Cuts To Survive: Report
benzinga.com/news/25/05/45316137/nissan-scraps-11-billion-ev-battery-plant-eyes-cost-cuts-to-survive-report
Zinger Key Points
- Nissan canceled its $1.1 billion EV battery plant in Japan after a swift investment review.
- The company expects record losses in fiscal 2025, with over 500 billion Japanese Yen in asset write-downs.
- Don’t miss this list of 3 high-yield stocks—including one…
This story appeared on benzinga.com, 2025-05-09 12:38:30.