Nissan has announced plans to launch the large-scale production of electric cars and batteries in the United States, with a massive 50 billion Yen ($516 million) facility in Smyrna, Tennessee.
The site will be capable of knocking-out an impressive 50,000 to 100,000 EVs by 2012, with investment possibly DOUBLING to 100 billion Yen (more than $1 Billion).
The Japanese outfit, fast becoming a forerunner in the race to the mass roll-out of EVs worldwide, aims to tap into low-interest loans for the production of greener vehicles as part of the US government’s package to support the auto industry.
The first model produced at the new plant is expected to be a small passenger car.
Nissan also plans to build a high-capacity lithium ion battery production facility at the Smyrna site in partnership with fellow Japanese company NEC Corp.
Image Credit – Alan_D on flickr