Distress is spreading in Japan’s auto sector, putting into question Tokyo’s approach to trade negotiations with the United ...

Nissan is slashing about 15% of its global work force, or about 20,000 employees, as the Japanese automaker reported a loss ...

Japan's third-biggest automaker had announced in January the plan for a lithium iron phosphate (LFP) battery plant in the ...

Nissan Motor unveiled sweeping new cost cuts on Tuesday, saying it would eliminate 11,000 more jobs and scale back production ...

The new layoffs will bring Nissan's total workforce cuts to about 20,000 jobs. Last year, the automaker announced plans to cut 9,000 workers and previously announced nixing plans to build a plant in ...

As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders ...

Nissan Motor has reportedly decided to abandon its plan to build a $1.1bn electric vehicle (EV) battery factory in Japan.

TOKYO, May 9 (Reuters) - Nissan Motor (7201.T), opens new tab said on Friday it would abandon a plan to build a $1.1 billion factory for electric vehicle batteries on Japan's southwestern island ...

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.

Nissan Motor has decided to scrap its ambitious plan to build a ¥153.3 billion ($1.1 billion) electric vehicle battery plant in Kitakyushu, southern Japan—a move that reflects the company’s ...

(Kyodo) FUKUOKA (Kyodo) -- Nissan Motor Co. said Friday it has abandoned a plan to build an electric vehicle battery plant in the southwestern Japan prefecture of Fukuoka. Given rising prices ...