Nissan North America broke ground Wednesday for a lithium-ion battery plant as part of a plan to build a five-passenger all-electric car, the Leaf, and create up to 1,300 jobs in Tennessee. The automaker's top executive said it was a no-risk venture. "This is going to be a money-maker," Nissan CEO Carlos Ghosn said.
This year, Nissan has eliminated a shift at its plant in Canton, Miss., and has reduced truck and SUV production at its plant in Smyrna, Tenn., but the company doesn't expect it will be forced to lay off workers or cut additional shifts in Smyrna, even though 2008 is on target to be the slowest year for automotive sales in the United States in 15 years.
Nissan CEO Carlos Ghosn said interest in its all-electric Nissan Leaf is strong and bodes well for what it is billing as the first affordable, mass-market all-electric vehicle to be sold in the U.S.
Nissan CEO Carlos Ghosn said interest in its all-electric Nissan Leaf is strong and bodes well for what it is billing as the first affordable, mass-market all-electric vehicle to be sold in the U.S. "We think the Leaf is going to be a big hit," Ghosn said Tuesday after speaking to the Detroit Economic Club at Cobo Center.
CHATTANOOGA, Tenn. — Nissan's new all-electric car to be sold starting late next year will have 100 miles of pure battery range, a Nissan North America planning director said.