Indices
KSE100 173939.01 ↑ 4027.06 (2.32%) ALLSHR 103800.94 ↑ 2426.33 (2.34%) KSE30 52809.96 ↑ 1336.80 (2.53%) KMI30 250755.67 ↑ 4699.36 (1.87%) BKTI 48513.81 ↑ 1916.74 (3.95%) OGTI 36285.57 ↑ 1083.83 (2.99%) KMIALLSHR 67535.39 ↑ 1339.91 (1.98%) JSGBKTI 74046.40 ↑ 3027.28 (4.09%) MII30 22636.82 ↑ 365.22 (1.61%) KSE100PR 53622.88 ↑ 1239.26 (2.31%) KSE100 173939.01 ↑ 4027.06 (2.32%) ALLSHR 103800.94 ↑ 2426.33 (2.34%) KSE30 52809.96 ↑ 1336.80 (2.53%) KMI30 250755.67 ↑ 4699.36 (1.87%) BKTI 48513.81 ↑ 1916.74 (3.95%) OGTI 36285.57 ↑ 1083.83 (2.99%) KMIALLSHR 67535.39 ↑ 1339.91 (1.98%) JSGBKTI 74046.40 ↑ 3027.28 (4.09%) MII30 22636.82 ↑ 365.22 (1.61%) KSE100PR 53622.88 ↑ 1239.26 (2.31%)
Nissan Motor subsidiary JATCO has scrapped its plan to ​make electric vehicle

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Nissan unit scraps plan to make EV powertrains in UK, Nikkei says

TOKYO: Nissan Motor subsidiary JATCO has scrapped its plan to ​make electric vehicle (EV) powertrains in ‌Sunderland, Britain, in light of sluggish demand for Nissan’s EVs in Europe, the ​Nikkei business daily reported on ​Sunday.

In January 2025, JATCO announced ⁠a plan to invest 48.7 million ​pounds ($65.39 million) to make up ​to 340,000 units a year of EV powertrains that integrate the motor, inverter and ​reducer at a Sunderland plant ​for Nissan.

Later that year, however, Nissan, badly damaged ‌by ⁠weakening sales in the US and China, said it will cut the number of its auto production ​plants ​to 10 ⁠from 17 and conduct a review of its ​powertrain factories.

No one was immediately ​available ⁠for comment at Nissan outside regular business hours, and a query submitted ⁠via ​JATCO’s website has ​yet to receive a response.

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