According to reports by Nikkei Asia and Reuters, Nissan is in talks with Foxconn to allow the Taiwanese electronics company to use one (or more) of the Japanese automaker’s domestic factories to build electric vehicles (EVs).
People familiar with the matter told the newswire that such a deal could save Nissan’s plants from closure. The discussions are said to revolve around Nissan’s Oppama plant in Yokosuka, Japan, which employs around 3,900 people and likely to be shut down as part of new Nissan president and CEO Ivan Espinosa’s Re:Nissan restructuring plan.
The potential partnership could also result in a joint venture between Nissan and Foxconn, which, if successful, would result in the Oppama plant being turned over to Foxconn. One source told Nikkei that Nissan has multiple partners lined up, including Foxconn, on how to realise its ambitious restructuring plan. The Japanese carmaker did not provide official information or confirmed any claims so far.
In May this year, Reuters reported on the possible closure of the Oppama plant that later drew a response from local government officials wanting to keep the facility open. The plant has an annual production capacity of 240,000 units, but poor sales meant it was underutilised, with data indicating a utilisation rate of just 40% – the breakeven point is 80%.
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can try to wrap nissan as gift for papa trump, maybe he will lower tax rate by 1%
PHEV should be the market strategy.
At this rate, Nissan might as well sell out to Foxconn because nobody wants this cursed car brand.