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Nissan’s The Arc business plan outlines how the manufacturer aims to lift annual sales by 1 million units and increase its operating profit margin to more than 6% by the end of fiscal year 2026.
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Take a look behind the scenes at Lightning eMotors 2023 Factory Tour.
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The St. Thomas, Ontario factory will equip VW brand BEVs in the North American region with “cutting-edge unified cells, a whole new cell technology designed for volume production.”
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The new joint venture with Samsung SDI will leverage the capital and technology of both companies to meet future EV demand.
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The first full-scale electric vehicle plant in Canada on Dec. 5 produced the first BrightDrop Zevo 600 to roll off the CAMI production line.
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The new facility, a $5.54 billion investment, will break ground in early 2023 and is expected to begin commercial production in the first half of 2025 with an annual capacity of 300,000 units.
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VinFast, the Vietnamese manufacturer of a new line of electric vehicles, announced that Chatham County, North Carolina has been named as the location for its first electric vehicle manufacturing site in North America.
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General Motors' investment in manufacturing is toward supporting demand for the Chevrolet Silverado and GMC Sierra pickups.
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Nissan has opened its USD $1.5 billion industrial complex in Resende, Rio de Janeiro, Brazil, marking it one of the largest automotive investments by any manufacturer in the country, according to the automaker.
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