American-made Nissan EVs Will Cost Less
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American-made Nissan EVs Will Cost Less

IRA to be used by Nissan to lower cost

Nissan is planning to bring production of its next-generation EVs to the US, and the Made in the USA Nissans? They’ll be better and cheaper!

The Inflation Reduction Act (IRA) made quite the impact on the EV space last year. According to the IRA, only EV manufacturers that build their cars in North America and use a specific percentage of localized battery components can qualify for a $7,500 tax credit. As a result, more carmakers are going to try to make it work here on this continent to make their cars more appealing to US buyers.

Nissan is one such automaker – the brand has announced that it will build four EVs in the US (all of which will be fully compliant with the IRA) by 2026.

“We as Nissan are confident that we will be complying for IRA with localization starting in CY 2026,” said Nissan COO Ashwani Gupta.

New models will be built at Nissan’s Canton, Mississippi, plant. Of the four EVs to be made there, two will be sedans while the other two will be crossovers. Rumor has it that the sedans will be electric replacements for the Nissan Maxima and Infiniti Q50, while one of the crossovers will be an eventual successor to the Nissan Leaf.

Nissan will also convert its Decherd, Tennessee, engine plant to make more EV units. The carmaker currently imports the Leaf’s powertrain from Japan for final assembly in Smyrna, but these IRA-focused changes may involve getting batteries from a new supplier that has a localized mineral supply.


SOURCE | IMAGES: CARBUZZ

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AUTHOR: 

JESSICA MCCORMICK

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